{"id":39061,"date":"2013-12-12T07:23:56","date_gmt":"2013-12-12T12:23:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=39061"},"modified":"2013-12-12T07:23:56","modified_gmt":"2013-12-12T12:23:56","slug":"forex-trading-aussie-rejected-bid-higher-levels","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/12\/12\/forex-trading-aussie-rejected-bid-higher-levels\/","title":{"rendered":"Forex Trading: Aussie rejected in its bid for higher levels"},"content":{"rendered":"<p><b>2013.12.12 | AUDUSD Market Analysis<\/b><\/p>\n<p><b>AUDUSD Trends &amp; Major Market Levels<\/b><\/p>\n<p>The AUDUSD currency pair has been rising slightly in forex market trading today with the AUDUSD registering a high of 0.9080 and reaching to a low of 0.9009. The\u00a0AUDUSD bulls were rejected yesterday in their attempt to capitalize on the early week momentum and bring the Aussie higher to test the 0.9200 level. Heavy selling pressure brought the Aussie back down under the 0.9050 level despite the better than expected job growth numbers from Australia.<\/p>\n<p>Trends data shows the pair is currently back in a short-term downtrend with prices trading under the 21-period linear moving average. Over the longer term trend, the pair continues to be in an uptrend as seen on the daily chart by the 90-day Linear Regression Channels below, although the trend has weakened considerably over the past month.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2013\/12\/Forex-Trends-Trading-AUDUSD-2013.12.12.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-39062\" alt=\"Forex Trends Trading AUDUSD 2013.12.12\" src=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2013\/12\/Forex-Trends-Trading-AUDUSD-2013.12.12.gif\" width=\"655\" height=\"420\" \/><\/a><\/p>\n<hr \/>\n<p><b>AUDUSD Trends Data: Linear Regression Indicator<\/b><\/p>\n<p>10-day current trend is<b> BEARISH <\/b>\/ Trend strength of -33.3 pips<br \/>\n30-day current trend is<b> BEARISH <\/b>\/ Trend strength of -515.7 pips<br \/>\n60-day current trend is<b> BEARISH <\/b>\/ Trend strength of -405.2 pips<br \/>\n90-day current trend is<b> BULLISH <\/b>\/ Trend strength of 152.4 pips<br \/>\n180-day current trend is<b> BEARISH <\/b>\/ Trend strength of -916.8 pips<\/p>\n<p><b>Fibonacci Retracement Levels: Past 100 Days<\/b><\/p>\n<p>&#8212; 0.000 &#8211; 0.88468<br \/>\n&#8212; 0.236 &#8211; 0.90616<br \/>\n&#8212; 0.382 &#8211; 0.91944<br \/>\n&#8212; 0.500 &#8211; 0.93018<br \/>\n&#8212; 0.618 &#8211; 0.94092<br \/>\n&#8212; 0.764 &#8211; 0.95420<br \/>\n&#8212; 1.000 &#8211; 0.97568<\/p>\n<p>&nbsp;<\/p>\n<p><b>By CountingPips.com<\/b> &#8211; <a href=\"http:\/\/CountingPips.com\">Forex Trading<\/a> Apps &amp; Currency Trade Tools<\/p>\n<p>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.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2013.12.12 | AUDUSD Market Analysis AUDUSD Trends &amp; Major Market Levels The AUDUSD currency pair has been rising slightly in forex market trading today with the AUDUSD registering a high of 0.9080 and reaching to a low of 0.9009. The\u00a0AUDUSD bulls were rejected yesterday in their attempt to capitalize on the early week momentum and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2013\/12\/12\/forex-trading-aussie-rejected-bid-higher-levels\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex Trading: Aussie rejected in its bid for higher levels&#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-39061","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39061","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=39061"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/39061\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=39061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=39061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=39061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}