The Australian Dollar was higher today against the US Dollar on the heels of the higher-than-expected US Jobless Claims. The pair is having a hard time holding above parity and seems to be establishing another top. At the time of this writing the pair was trading at 0.9980 (+0.22%). Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: AUD/USD traded higher Thursday hitting 0.9980 at the time of this writing. Current range: 0.9934 – 1.0021 Further levels: Below: 0.9973, 0.9980, 0.9986 Above: 0.9999, 1.0006, 1.0012 AUD / USD likely to find support at today’s low of 0.9804, and resistance at 1.0019. AUD/USD Fundamentals 13:30 US – Core CPI m/m exp. No change 13:30 US – Core Retail Sales m/m 13:30 US – Retail Sales m/m 13:30 US – CPI m/m 14:15 US – Capacity Utilization Rate 14:15 US – Industrial Production m/m 14:55 US – Prelim UoM Consumer Sentiment 14:55 US – Prelim UoM Inflation Expectations 15:00 US – Business Inventories * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment Queensland flooding continues to raise fears of a negative effect on growth due to disruption of the area’s coal exports. An unexpected 2.5% increase in Australian home loans does little to offset flooding fears. Currensee Community: 92% are short, 8% are long. 392 open positions in real accounts trading this pair at the moment. The community is expecting continued lower levels. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – January 14 2011 Anat Dror 12 years The Australian Dollar was higher today against the US Dollar on the heels of the higher-than-expected US Jobless Claims. The pair is having a hard time holding above parity and seems to be establishing another top. At the time of this writing the pair was trading at 0.9980 (+0.22%). Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: AUD/USD traded higher Thursday hitting 0.9980 at the time of this writing. Current range: 0.9934 - 1.0021 Further levels: Below: 0.9973, 0.9980, 0.9986 Above: 0.9999, 1.0006, 1.0012 AUD / USD likely to find support at today's… 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.