AUD/USD drifted higher Friday mostly as a result of good economic data on US non-farm payrolls. This comes on the back of the Aussie’s tumble last week amid concerns over the economic impact of flooding in Queensland. AUD/USD was trading at 0.9956 (+0.10%) at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. Aussie Rallies on Good Economic Data AUD/USD Technicals Previous sessions: AUD/USD continued falling on Friday, reaching a low point of 0.9906, but then gaining slightly on the back of the better-than-expected US non-farm payrolls report. Current range: 0.9992 – 0.9907 Further levels: Below: 0.9935, 0.9944, 0.9954 Above: 0.9973, 0.9982, 0.9992 AUD / USD likely to find support at 0.9861, and resistance at 1.0075. AUD/USD Fundamentals 12:30 Australian ANZ Job Advertisements 12:30 Australian Retail Sales m/m 21:00 New Zealand NZIER Business Confidence * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment U.S. December non-farm payrolls rise less-than-expected U.S. December unemployment rate falls more-than-expected Sentiment on the USD/AUD has risen to about 50% but technical indicators may indicate another dip. EUR/USD on shaky ground due to possible Portugal bailout Currensee Community: 92% are short, 8% are long. 381 open positions in real accounts trading this pair at the moment. The community expecting possible light increases followed by further declines in AUD/USD. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – January 10 2011 Anat Dror 12 years AUD/USD drifted higher Friday mostly as a result of good economic data on US non-farm payrolls. This comes on the back of the Aussie's tumble last week amid concerns over the economic impact of flooding in Queensland. AUD/USD was trading at 0.9956 (+0.10%) at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. [caption id="attachment_14097" align="alignright" width="400" caption="Aussie Rallies on Good Economic Data "][/caption] AUD/USD Technicals Previous sessions: AUD/USD continued falling on Friday, reaching a low point of 0.9906, but then gaining slightly on the back of the better-than-expected US non-farm payrolls report. Current… 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.
