Australia trade surplus shot higher in September, courtesy of a big jump iron ore and mineral-fuel exports, the Australian Bureau of Statistics (ABS) data released a few minutes ago showed. The upbeat data put a bid under the Aussie dollar, pushing it higher across the board. The AUD/USD is currently trading at 80.18, up 0.36 percent on the day, and could rise further toward the 50-day EMA of 80.48 as the technical charts are biased bullish. The daily chart shows a bullish divergence of the RSI and stochastic and a bullish crossover on the MACD. Further, the 5-day and 10-day EMAs are trending north, indicating a bullish setup. The news that UK’s PM Theresa May has sealed a Brexit deal with the EU on financial services may push risk assets higher across the board. Thus, anti-risk JPY could take a beating. Daily Chart Trend: Bullish AUD/JPY Overview: Last Price: 80.14 Daily change: 26 pips Daily change: 0.325% Daily Open: 79.88 Trends: Daily SMA20: 79.86 Daily SMA50: 80.49 Daily SMA100: 81.23 Daily SMA200: 82.3 Levels: Daily High: 80.43 Daily Low: 79.86 Weekly High: 80.32 Weekly Low: 78.56 Monthly High: 82.5 Monthly Low: 78.56 Daily Fibonacci 38.2%: 80.07 Daily Fibonacci 61.8%: 80.21 Daily Pivot Point S1: 79.68 Daily Pivot Point S2: 79.48 Daily Pivot Point S3: 79.11 Daily Pivot Point R1: 80.26 Daily Pivot Point R2: 80.63 Daily Pivot Point R3: 80.83 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC set the yuan reference rate at 6.9670 FX Street 4 years Australia trade surplus shot higher in September, courtesy of a big jump iron ore and mineral-fuel exports, the Australian Bureau of Statistics (ABS) data released a few minutes ago showed. The upbeat data put a bid under the Aussie dollar, pushing it higher across the board. The AUD/USD is currently trading at 80.18, up 0.36 percent on the day, and could rise further toward the 50-day EMA of 80.48 as the technical charts are biased bullish. The daily chart shows a bullish divergence of the RSI and stochastic and a bullish crossover on the MACD. Further, the 5-day and 10-day… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
