AUD/USD reached new float-era highs but then retreated back, still in the high range. With a few interesting releases, a strong finish is expected to this year. Here’s a quick update on technicals, fundamentals and community trends. AUD to USD back in range AUD/USD Technicals Previous sessions: AUD/USD made a fresh multi-year high, almost at 1.02. Current Range: 1.0080 to 1.0180. Further levels in both directions: Below 1.0080, 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0180, 1.0200, 1.03. AUD USD Parity now strong and even far support. Uncharted territory is very close. AUD/USD Fundamentals 13:30 US Unemployment Claims. Exp. 416K. 14:45 US Chicago PMI. Exp. 61.2 points. 15:00 US Pending Home Sales. Exp. +1.8% 00:30 (Friday) Australian Private Sector Credit. Exp. +0.2%. * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment No bad news from Europe in this holiday week, help push the Aussie higher on risk appetite. Fears of a housing bubble in Australia also made way for some hope. The Chinese rate hike had an immediate and negative impact on the Aussie at the beginning of the week, but then faded away and it’s old news now. Currensee Community: 93% are short, 7% are long. 385 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam AUD/USD Daily Outlooks share Read Next FXStreet New Year Resolutions Yohay Elam 12 years AUD/USD reached new float-era highs but then retreated back, still in the high range. With a few interesting releases, a strong finish is expected to this year. Here's a quick update on technicals, fundamentals and community trends. AUD to USD back in range AUD/USD Technicals Previous sessions: AUD/USD made a fresh multi-year high, almost at 1.02. Current Range: 1.0080 to 1.0180. Further levels in both directions: Below 1.0080, 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0180, 1.0200, 1.03. AUD USD Parity now strong and even far support. Uncharted territory is very close. AUD/USD Fundamentals 13:30 US Unemployment… 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.
