Monday, December 6, 2010
Gold Price and AUD-USD correlation analysis
Strong correlation between gold price and the Australian Dollar may give us the clue of the long-term direction of the AUD-USD. As you can see the ever increasing price of Gold, maintaining the bullish strength of Australian Dollar against the US Dollar (AUD-USD). Perhaps this condition could continue for many more years to come if demand for Gold is never fade away. As a result strong possibility that the AUD-USD pair maybe going for the overbought condition. We will see this in few months to come.
Post Office Tracking Renew Antivirus Store
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Trade result for EUR-USD and AUD-USD on the 4th June 2016 As expected the EUR-USD and AUD-USD should go for major correction after an ex... -
Let's take a look at the historical chart of the major currencies traded in Forex over the course of 37 years period since 1978 until pr... -
Strong bearish signal has pushed the EUR-USD deep to oversold position, but is it going to stop soon when the Euro Zone market open or conti...
-
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Perio... -
The movement is now totally out of hand. Volatility is unpredictable and yet it is vigorously moving up and down between support and resista... -
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe... -
EUR-USD trading last Friday 19 Feb 2016. There is a strong sentiment the EUR-USD might be heading for major correction upside as the MACD an...
No comments:
Post a Comment