Uncle Ti 88

Commitments of Traders for Australian Dollar AUDUSD The growth of the Australian economy is very much dependent on its resource exports especially to China. Even though we are hearing that the Chinese economy is going to slow down, it will still be business as usual for the Aussie. The commercials are still holding the same net position level (percentage of traders) as they did exactly 3 years ago.

Commitments of Traders Report COT CFTC - Australian Dollar - 3 January 2012 The chart above is based on the Commitments of Traders reports released by the CFTC and it is not the COT Proxy. The signal is still to go long on the Australian Dollar. For forex traders, you might want to consider going long on the AUD/USD. As you can see the long signal was in play since 15 March 2009. This is one of the best currencies to invest in for 2012 (long) based on the current COT report.