AUD australian dollar
Add to My Watchlist 0.00% ! 1.5369

It's in a stealth bull trend that's a little overbought as the...

  1. Heremes
    4,005 Posts.
    clock Created with Sketch.
    16/11/08
    07:45
    Post #: 4502512
    It's in a stealth bull trend that's a little overbought as the 14-week RSI is trading in the 80's. However looking at past trends in the USD one can conclude the current uptrend is in its infancy of a multi-year bull market.

    We may see short term retracements from overbought levels as we have now, but generally speaking I would not short the USD.. in fact you would be CRAZY to short it.



    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS Anson Adds 100 Strategic Claims to Green River Lithium Project
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS BPM Acquires High-Grade Forelands Gold Project with Near-Surface Mineralisation
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
AUD (FOREX) Chart ?
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.