The Australian Dollar was lower Thursday against the US Dollar after the US reported a better than expected jobless report, showing the lowest level of jobless claims since May 2008. The Aussie was trading at 1.0150 down 0.20% at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie peaked at 1.0185 in early afternoon trading before gradually falling to 1.0128 by late afternoon and then consolidating to its current level of 1.0150. Current range: 1.0125 – 1.0189 Further levels: Below: 1.0125, 1.0129, 1.0136 Above: 1.0147, 1.0151, 1.0158 AUD / USD likely to find support at Wednesday’s low of 1.0086, and resistance at 1.0202. AUD/USD Fundamentals 08:30 US Non-Farm Employment Change Exp. 180K Vs. 36K 08:30 US Unemployment Rate Exp. 9.1% Vs.9.0% 08:30 US Average Hourly Earnings m/m Exp. 0.2% Vs. 0.4% 10:00 US FOMC Member Yellen Speaks 10:00 US Factory Orders m/m Exp.2.1% Vs. 0.2% * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment In the latest positive US economic report, US Initial Jobless claims for last week fell unexpectedly, reaching the lowest level since may 2008. Australian home building permit requests was reported today to have declined for the month of January by a seasonally adjusted 15.9%, reaching its lowest level since November 2002. Currensee Community: 93% are short, 7% are long. 424 open positions in real accounts trading this pair at the moment. The community is expecting lower levels of the pair ahead. Tamar Schoppik Tamar Schoppik View All Post By Tamar Schoppik AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – March 4 2011 Anat Dror 12 years The Australian Dollar was lower Thursday against the US Dollar after the US reported a better than expected jobless report, showing the lowest level of jobless claims since May 2008. The Aussie was trading at 1.0150 down 0.20% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie peaked at 1.0185 in early afternoon trading before gradually falling to 1.0128 by late afternoon and then consolidating to its current level of 1.0150. Current range: 1.0125 - 1.0189 Further levels: Below: 1.0125, 1.0129, 1.0136 Above: 1.0147, 1.0151, 1.0158 AUD… 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.