AUD/USD - Australian Dollar US Dollar, European Session - 17/11/08

16 November 2008 @ 09:48 pm EDT

0,6463. AUD USD is in a range between 0,6340 and 0,6660. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 0,6340 / 0,6665 range. If the support is broken then the target will be 0,6000 (463 pips).
We are waiting for a break of the support to take a short position.
Resistances
0,6510 - 0,6665
Supports
0,6340 - 0,6020

For more forex information, go to www.mataf.net

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy