2013.11.25 | AUDUSD Market Analysis
AUDUSD Trends & Fibonacci Retracement Levels
The AUDUSD currency pair has been falling slightly in forex market trading today with the AUDUSD registering a high of 0.91870 and a low of 0.91189 on the day. Trends data shows the pair is currently in a short-term downtrend as prices are trading under short-term linear moving average of 21 periods. 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 although prices are in a extreme position outside the channels possibly representing a trend change.
AUDUSD Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -179.0 pips
30-day current trend is BEARISH / Trend strength of -418.7 pips
60-day current trend is BULLISH / Trend strength of 170.1 pips
90-day current trend is BULLISH / Trend strength of 483.4 pips
180-day current trend is BEARISH / Trend strength of -1124.9 pips
By CountingPips.com – Forex Trading Apps & Currency Trade Tools
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