At Beta Analytics we provide free analysis of a multitude of different financial markets.
We hope we can provide some insight to how the markets are all interconnected and the cause and effect of daily price fluctuations. We believe our analysis is unbiased in nature and can show you the underlying message of each security and the likely direction that it will follow.
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Wednesday, 12 December 2012

AUDUSD breakout?



AUD/USD on the Edge of a Large breakout, FOMC in 30 minutes should provide some direction. Daily ATR is extremely low and Rate of Change is very low and is due a test of the standard deviation bands in the near term.

Special note is the Vertical line where trendlines meet is Fiscal Cliff deadline day. As a Relatively High yielding Currency, it is very prone to risk off. 
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