AUD/USD is trading around a pivotal line, looking for a direction. A rate hike in China could hurt the Aussie, even though Australian jobs are looking good. Here’s a quick update on technicals, fundamentals and community trends. AUD to USD flirting with 0.9850. AUD/USD Technicals Asian session: AUD USD traded under 0.9850.. Current Range: 0.9850 to 0.9915. Further levels in both directions: Below 0.9850, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. A loss of 0.9725 will accelerate losses. AUD/USD Parity still not far away, but a lot of resistance on any move there. AUD/USD Fundamentals 2:00 Chinese Trade Balance. Exp. 21.2 billion. Actual 22.9 billion – good for the Aussie. 13:30 US Trade Balance. Exp. -43.5 billion. 13:30 US Import Prices. Exp. +0.9%. 14:55 US Consumer Sentiment. Exp. 72.4 points. 19:00 US Federal Budget Balance. Exp. -129 billion. AUD/USD Sentiment Rumors about a rate hike in China weigh on the Aussie. Australian employment data was far better than expected, with a huge gain in jobs. This temporarily boosted the Australian dollar. The RBA’s statement focused on savings instead of the drop in the retail sales and didn’t hint about pausing for a long time. This is a good sign. Currensee Community: 84% are short, 16% are long. 441 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. 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 Forex News Today: Daily Trading News share Read Next Focus on Pound, Euro Bears, and a Peak to Next Week Yohay Elam 11 years AUD/USD is trading around a pivotal line, looking for a direction. A rate hike in China could hurt the Aussie, even though Australian jobs are looking good. Here's a quick update on technicals, fundamentals and community trends. AUD to USD flirting with 0.9850. AUD/USD Technicals Asian session: AUD USD traded under 0.9850.. Current Range: 0.9850 to 0.9915. Further levels in both directions: Below 0.9850, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. A loss of 0.9725 will accelerate losses. AUD/USD Parity still not far away, but a lot of resistance on any move there. AUD/USD Fundamentals… 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.
