AUD/USD: Levels, Ranges, Targets

 

Following are Moving averages 80 days to 4899 days and dates to Jan 1999. The noted point is my moving averages are far different than other MA’s as they were carefully chosen and designed for specific purposes. An example. A 100 day averages is actually an 80 day average and 80 days is the location where Forward exchange rate traders are selling Forwards. Forward exchange rate traders are the corporate guys. A 100 day average never reaches 100 days as its actually if memory serves,  75 to 85 day average. How about a 5 day average is actually a 5 day average only on Fridays. The list goes on. A 50 day average is 36 to 50. What is termed my special moving average is as the term states because it was specially designed after much research.

 

The overall AUD 14 year midpoint at 1345 pips is located at 0.8220 and from 0.7547 to 0.8126, the mid point is located at 0.7873. Note 0.7873 midpoint as well as MA’s at 0.7855 and 0.7851. From 0.7851 to 0.7873 represents vital breaks. From a 14 year perspective, the AUD price is extremely low. From a daily perspective, the AUD price is far to high. I know AUD, Australia and its history as well as its markets and I feel for AUD and Australia because its caught inside an uncertain world.

Most vital for the week, 0.7547, 0.7609, 0.7664, 0.7763, 0.7792, 0.7851, 0.7855, 0.7959, 0.7967, 0.8126, 0.8199, 0.8305 and 0.8328.

 

80 day = 0.7763

Special average = 0.7855

335 day = 0.7664,

593 day = 0.7547

848 day = 0.7609

Close 0.7907

1103 day = 0.7967

1279 day = 5Y average = 0.8199

1357 day = 0.8328

1614 day = 0.8643

1873 day = 0.8869

2130 day = 0.8892

2385 day = 0.8741

2562 day = 10Y average = 0.8756

2640 day = 0.8760

2894 day = 0.8710

3151 day = 0.8609

3410 day = 0.8537

3590 day = 14Y average = 0.8471

3667 day =0.8450

3922 = 0.8305

4175 day = 0.8126

4429 day = 0.7959

4687 day = 0.7851

4899 day = 0.7792 Jan 1999

 

Brian Twomey

 

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