Aussie loses its directional bias ahead of Friday’s NFP. Market sentiment will be in the driver’s seat for today. The AUD/USD wound up moving largely flat through Thursday, and the pair is trading quietly near 0.7570 heading through the overnight session rounding the corner into NFP Friday. Thursday data for the Aussie failed to produce much action, and most of the data came in at expectations. Friday brings US Non-Farm Payrolls, and markets are likely coiling ahead of the major event. little else is on the docket for the Aussie this week, though Chinese Manufacturing PMIS at 01:45 GMT could produce some knock-on volatility. AUD/USD levels to watch As noted by FXStreet’s own Valeria Bednarik, “the pair is losing its positive stance in the short-term, as its now piercing a bearish 200 SMA, although still above the 20 and 100 SMA, these last converging in a 10 pip’s range in the 0.7530 price zone. The Momentum indicator in the mentioned chart lacks directional strength within positive levels, while the RSI indicator turned lower, but holds around 53.” Support levels: 0.7535 0.7505 0.7470 Resistance levels: 0.7590 0.7620 0.7660 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 UK’s David Davis developing border solution for Ireland FX Street 5 years Aussie loses its directional bias ahead of Friday's NFP. Market sentiment will be in the driver's seat for today. The AUD/USD wound up moving largely flat through Thursday, and the pair is trading quietly near 0.7570 heading through the overnight session rounding the corner into NFP Friday. Thursday data for the Aussie failed to produce much action, and most of the data came in at expectations. Friday brings US Non-Farm Payrolls, and markets are likely coiling ahead of the major event. little else is on the docket for the Aussie this week, though Chinese Manufacturing PMIS at 01:45 GMT could… 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.
