AUD/USD Faces 1.0480 Resistance

By   |  Forex  |  Nov 26, 2012 02:07AM GMT  |  Add a Comment
 
AUD/USD is facing 1.0480 resistance, a break above this level will confirm that the uptrend from 1.0149 (October 8 low) has resumed, then further rise towards 1.0550 could be seen. Support is at the upward trend line on the 4-hour chart, only a clear break below the trend line will suggest that a lengthier consolidation of the uptrend is underway, then sideways movement in a range between 1.0287 and 1.0480 could be seen.
audusd

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Articles

Kathy LienBernanke's Policy Bias To Drive USD
By 
 - May 21, 2013
Marc ChandlerSterling And Yen Aren't Waiting For Tomorrow
By 
 - May 21, 2013
Alexandros YfantisEUR/USD In Upward Correction
By 
 - May 22, 2013

Add a Comment

Comment Guidelines
 

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
 
 Post
 
 

Successfully Reported

Thank you. This comment has been flagged for a moderator.
_touchLoadingMsg
 
 
CFDs Quotes
 SPX 500 Futures1,666.45+0.70+0.04%  
 NQ 100 Futures3,023.90+2.40+0.08%  
 US 3015,387.00+52.30+0.34%  
 DAX8,471.00+16.37+0.19%  
 FTSE 1006,803.30+48.24+0.71%  
 Japan 22515,666.50+285.48+1.86%  
 US Dollar Index83.91-0.01-0.02%  
CFDs Quotes
 Gold1,376.95-0.65-0.05%  
 Silver22.478+0.023+0.10%  
 Copper3.354+0.017+0.49%  
 Crude Oil95.73-0.45-0.47%  
 Natural Gas4.213+0.024+0.56%  
 US Cotton No.283.79-0.17-0.20%  
 US Coffee C132.73-3.12-2.30%  
 
 EUR/USD1.2914+0.0010+0.07%  
 GBP/USD1.5144-0.0009-0.06%  
 USD/JPY102.55+0.06+0.06%  
 USD/CHF0.9706+0.0004+0.04%  
 AUD/USD0.9778-0.0028-0.28%  
 USD/CAD1.0274+0.0006+0.05%  
 EUR/GBP0.8528+0.0010+0.12%  
CFDs Quotes
 Euro Bund144.69-0.20-0.14%  
 Euro BTP116.29-0.17-0.15%  
 Euro BOBL126.426-0.130-0.10%  
 UK Gilt117.61+0.02+0.02%  
 US 2 YR T-Note110.27+0.01+0.01%  
 US 10 YR T-Note131.99-0.02-0.02%  
 US 30 YR T-Bond144.44+0.08+0.06%  
Connect to Investing.com
Central Banks Rates  
  Central Banks Interest Rates Next Meeting  
  FED0.00%-0.25%Jun 19, 2013 
  ECB0.50%Jun 06, 2013 
  BOE0.50%Jun 06, 2013 
  SNB0.00%Jun 20, 2013 
  RBA2.75%Jun 04, 2013 
  BOC1.00%May 29, 2013 
  RBNZ2.50%Jun 12, 2013 
  BOJ0.10%May 22, 2013 
 
 Continue to Investing.com