FXstreet.com

AUD starting to feel really heavy

Tue, Nov 3 2009, 04:30 GMT
http://www.forexlive.com

The AUD/USD fell to .9025 initially, could only rally back to .9040 and is now back under .9020 in what can only be described as bearish price action. USD/JPY is also ticking lower indicating some cross selling as well.

Forex Live

The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction with the client and/or prospects own independent analysis.

Related News

Forex: GBP/USD rises to 1.6650 and pulls down to 1.6605
FXstreet.com | Mon, Nov 23 2009, 16:23 GMT

U.S. markets advance after buoyant housing data; Dollar, at lower levels
FXstreet.com | Mon, Nov 23 2009, 15:30 GMT

Forex: USD/JPY rises to test 89.00 after existing home sales
FXstreet.com | Mon, Nov 23 2009, 15:24 GMT

Dollar favoured as on better than expected existing home sales
FXstreet.com | Mon, Nov 23 2009, 15:17 GMT

Forex: EUR/USD: Euro approaches 1.5000 on improved risk appetite
FXstreet.com | Mon, Nov 23 2009, 14:23 GMT

audusd, currencies

View All

Related Content

IMM positioning - Speculative investors positioned for USD/JPY downside by Danske Bank A/S
Mon, Nov 23 2009, 13:52 GMT

Weekly Market Research - GBP/USD has yet to close above the weekly Kumo flat top; which would likely push the pair to challenge 1.7000. by Second Skies LLC
Mon, Nov 23 2009, 13:17 GMT

FX View - Fed comments revive risk appetite by Interactive Brokers LLC
Mon, Nov 23 2009, 13:04 GMT

FX Thoughts for the Day by Kshitij Consultancy Service
Mon, Nov 23 2009, 11:40 GMT

Market Session Snap-Shot by ACM - Advanced Currency Markets
Mon, Nov 23 2009, 10:54 GMT

audusd, currencies

View All

Interested in forex trading? forex brokerage firms!


MG Financial Group
Contact the broker/FDM
Open a demo account
FX Solutions LLC
Contact the broker/FDM
Open a demo account
Forex Club Financial Company
Contact the broker/FDM
Open a demo account
FXDD
Contact the broker/FDM
Open a demo account
IG Markets
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial 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 and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.