{"id":12957,"date":"2010-09-13T08:59:53","date_gmt":"2010-09-13T12:59:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=12957"},"modified":"2010-09-13T08:59:53","modified_gmt":"2010-09-13T12:59:53","slug":"audusd-targets-the-0-9400-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/09\/13\/audusd-targets-the-0-9400-level\/","title":{"rendered":"AUD\/USD Targets the 0.9400 Level"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; The AUD\/USD pair continues its bullish trend with full steam.  Recently, after peaking at the 0.9200 level, the pair saw a technical  correction which took the pair as low as the 0.8775 level. However the  pair promptly resumed the bullish trend, and is currently aiming the  0.9400 level.<\/p>\n<p>\u2022 The chart below is the AUD\/USD daily chart by ForexYard.<br \/>\n\u2022 The chart shows that the pair has gained about 1,300 pips in the last 4  months and approximately 600 pips during the past 3 weeks.<br \/>\n\u2022 Both the Slow <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Stochastic<\/a> and the <a href=\"http:\/\/www.forexyard.com\/en\/moving-average-convergence-divergence-macd\">MACD<\/a> have completed a bullish cross lately, suggesting that the bullish move has more room to go.<br \/>\n\u2022 The pair is currently testing the 0.9325 resistance level. If the pair  will manage to breach this level, it has potential to reach the 0.9400  level.<br \/>\n\u2022 The next target after reaching the 0.9400 level might be the 0.9520 level.<br \/>\n\u2022 The next support levels are the 0.9265 and the 0.9200 levels.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/09\/AUD-USD.bmp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/09\/AUD-USD.bmp\" alt=\"\" width=\"590\" height=\"639\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                               may not be          suitable     for     all            investors.       There     is   a                           possibility           that              you      could            sustain a    loss       of  all     of        your                         investment and                  therefore   you                should     not          invest          money    that      you                  cannot        afford to             lose.  You                should     be         aware     of        all       the        risks                 associated      with          Foreign            Exchange               trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Yan Petters &#8211; The AUD\/USD pair continues its bullish trend with full steam. Recently, after peaking at the 0.9200 level, the pair saw a technical correction which took the pair as low as the 0.8775 level. However the pair promptly resumed the bullish trend, and is currently aiming the 0.9400 level. \u2022 The chart &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/09\/13\/audusd-targets-the-0-9400-level\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUD\/USD Targets the 0.9400 Level&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12957","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=12957"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/12957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=12957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=12957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=12957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}