2013.11.20 | AUDUSD Market Analysis
AUDUSD Trends & Fibonacci Retracement Levels
The AUDUSD currency pair has been falling in forex market trading today with the AUDUSD registering a high of 0.94464 and a low of 0.93808 on the day. Trends data shows the pair is currently in a short-term uptrend as prices have crossed over our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an uptrend with the major 0.9500 level a possible target upcoming.
AUDUSD Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -74.5 pips
30-day current trend is BEARISH / Trend strength of -228.1 pips
60-day current trend is BULLISH / Trend strength of 374.2 pips
90-day current trend is BULLISH / Trend strength of 527.1 pips
180-day current trend is BEARISH / Trend strength of -1162.6 pips
Fibonacci Retracement Levels over last 100 Days
— 0.000 – 0.97568
— 0.236 – 0.95420
— 0.382 – 0.94092
— 0.500 – 0.93018
— 0.618 – 0.91944
— 0.764 – 0.90616
— 1.000 – 0.88468
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.
