AUDUSD flirting with 2-month lows
AUDUSD

Australian Dollar forecast & technical analysis AUDUSD extended Gains Dec 16

Australian Dollar forecast & technical analysis AUDUSD extended Gains Dec 16

  • The pair is trading at 0.7675
  • the pair traded at a high of 0.7695 and a low of 0.7655
  • expected to its find support at 0.7652

AUDUSD extended Gains   –  Australia Jobless Rate Holds at 56-Month Low of 5.4%  

AUDUSD The pair is trading at 0.7675 at 10:40 GMT this morning, with the Australian Dollar trading 0.13% extended Gains against US Dollar from the New York close. Australia Jobless Rate Holds at 56-Month Low of 5.4%

Australia’s seasonally adjusted unemployment rate came in at 5.4 percent in November of 2017, the same as in the preceding month and in line with market consensus. The jobless rate remained at its lowest since February 2013, as the economy added 61,600 jobs while the number of unemployed increased by 4,100.
 AUDUSD extended Gains   -  Australia Jobless Rate Holds at 56-Month Low of 5.4%  

AUDUSD extended Gains 

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This morning, the pair traded at a high of 0.7695 and a low of 0.7655. The Australian Dollar traded slightly higher against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7665. The pair is expected to its find support at 0.7652 and its first resistance at 0.7696.

 
DatePriceOpenHighLowChange %
Jan 08, 20180.78450.78590.78730.7827-0.18
Jan 07, 20180.78590.78640.78710.7859-0.06
Jan 05, 20180.78640.78630.78760.78340.00
Jan 04, 20180.78640.78370.78670.78120.36
Jan 03, 20180.78360.78300.78450.78030.08
Jan 02, 20180.78300.78040.78450.77930.32
Jan 01, 20180.78050.78030.78110.77990.04
Dec 29, 20170.78020.77950.78250.77860.05
Dec 28, 20170.77980.77660.78110.77630.39
Dec 27, 20170.77680.77270.77790.77220.52
Dec 26, 20170.77280.77140.77300.77110.14
Dec 25, 20170.77170.77150.77310.77070.01
Dec 22, 20170.77160.77020.77220.76990.18
Dec 21, 20170.77020.76680.77090.76530.46
Dec 20, 20170.76670.76620.76800.76490.01
Dec 19, 20170.76660.76630.76850.76450.04
Dec 18, 20170.76630.76440.76800.76410.24
Dec 15, 20170.76450.76650.76950.7636-0.27
Dec 14, 20170.76660.76360.76800.76260.38
Dec 13, 20170.76370.75570.76400.75501.03
Dec 12, 20170.75590.75270.75810.75180.43
Dec 11, 20170.75270.75130.75470.75020.28
Highest:0.7876Lowest:0.7502Difference:0.0374Average:0.7735Change %:4.5164

READ  Dow Jones weekly forecast September 11 — 15, 2017
READ  Australian Dollar prediction | technical analysis AUDUSD Midday September 27, 2017
READ  Australian Dollar Forecast AUDUSD Extended Gains Dec 22

 

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What is ‘Currency’

A few currencies, like cryptocurrencies, Bitcoin, Dogecoin and other online currencies and branded currencies are not tied to any usa. Branded currencies, like airline and credit card points, or in-recreation credit are valued on the subject of the price of the products or offerings they’re tied to. Manipulate over virtual currencies is totally decentralized, and the exchange price of a virtual foreign money can vary extensively in a quick time frame.

Nearby currencies are currencies intended for exchange over a small location and aren’t nationally subsidized. There are a wide variety of nearby currencies in the u.S.A., which itself has records of nearby currencies earlier than the status quo of the kingdom and countrywide banks. Other instances in which neighborhood currencies had been used include a kind of quasi-local forex within the form of neighborhood authorities ious which have been used as foreign money.

In almost all instances, the valuable financial institution of a rustic has the only right to problem cash for the stream. Along with a prime unit of foreign money, those banks problem fractional gadgets, usually inside the shape of cash. These normally display up as 1/100th, and 1/4th, but can at instances be as small as 1/one thousandth of the main unit of foreign money.

Investors regularly change forex at the forex marketplace, that’s one of the maximum closely traded markets in the global. An trade price is a charge at which two currencies may be exchanged in opposition to every other. These quotes may be ‘floating’ or ‘constant’; floating being that the fee of the currency changes in terms of foreign exchange marketplace mechanisms, constant currency is presently tied to another forex like gold or a currency basket.


 

 


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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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