The Australian Dollar traded higher today against the US Dollar mostly as a result of corrective action. AUD/USD was trading at 0.9962 (+0.05%) at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD Higher Again Today Against the USD AUD/USD Technicals Previous sessions: AUD/USD traded slightly higher Monday reaching 0.9962 at the time of this writing due mostly to a technical correction. Current range: 0.9883 – 0.9983 Further levels: Below: 0.9931, 0.9939, 0.9953 Above: 0.9975, 0.9983, 0.9997 AUD / USD likely to find support at today’s low of 0.9884, and resistance at Wednesday’s high of 1.0076. AUD/USD Fundamentals 00:30 AUD ANZ Job Advertisements m/m 00:30 AUD Trade Balance Exp. 2.03B 13:30 USD FOMC Member Plosser Speaks 15:00 USD IBD/TIPP Economic Optimism 15:00 USD Wholesale Inventories m/m 19:00 USD FOMC Member Kocherlakota Speaks Tentative USD Treasury Currency Report * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment U.S. and European markets down today with EURO markets down on debt contagion fears Sentiment on the USD/AUD show a short bullish movement but the overall outlook is bearish. EUR/USD on shaky ground due to possible Portugal bailout Currensee Community: 92% are short, 8% are long. 390 open positions in real accounts trading this pair at the moment. The community is expecting corrective increases over the next few days for AUD/USD, although overall outlook is bearish, with lower levels expected. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – January 11 2011 Anat Dror 11 years The Australian Dollar traded higher today against the US Dollar mostly as a result of corrective action. AUD/USD was trading at 0.9962 (+0.05%) at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. [caption id="attachment_14124" align="aligncenter" width="670" caption="AUD Higher Again Today Against the USD "][/caption] AUD/USD Technicals Previous sessions: AUD/USD traded slightly higher Monday reaching 0.9962 at the time of this writing due mostly to a technical correction. Current range: 0.9883 - 0.9983 Further levels: Below: 0.9931, 0.9939, 0.9953 Above: 0.9975, 0.9983, 0.9997 AUD / USD likely to find support at today's low of… 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.
