“¢ The pair built on last week’s strong recovery from almost a decade low and was now seen grinding higher along an intraday ascending trend-channel formation.
AUD/USD 5-mins. chart
-636824489618755075.png)
“¢ Friday’s sustained move beyond 100/200-hour SMAs, followed by a golden cross – 50-hour SMA crossing over the 200-hour SMA, fueled technical buying on Monday.
“¢ Meanwhile, technical indicators on the daily chart have just started gaining positive momentum and support prospects for an extension of the positive momentum.
“¢ Meanwhile, oscillators on hourly charts are already pointing to slightly overbought conditions and might turn out to be the only factor keeping a lid on any strong up-move.
1-hourly chart
-636824489024667826.png)
AUD/USD
Overview:
Today Last Price: 0.7136
Today Daily change: 20 pips
Today Daily change %: 0.281%
Today Daily Open: 0.7116
Trends:
Previous Daily SMA20: 0.7104
Previous Daily SMA50: 0.7184
Previous Daily SMA100: 0.7185
Previous Daily SMA200: 0.7344
Levels:
Previous Daily High: 0.7125
Previous Daily Low: 0.6993
Previous Weekly High: 0.7125
Previous Weekly Low: 0.6684
Previous Monthly High: 0.7394
Previous Monthly Low: 0.7014
Previous Daily Fibonacci 38.2%: 0.7075
Previous Daily Fibonacci 61.8%: 0.7043
Previous Daily Pivot Point S1: 0.7031
Previous Daily Pivot Point S2: 0.6946
Previous Daily Pivot Point S3: 0.6899
Previous Daily Pivot Point R1: 0.7163
Previous Daily Pivot Point R2: 0.721
Previous Daily Pivot Point R3: 0.7295
Share
