The Australian Dollar was slightly higher Thursday against the US dollar which was broadly lower against other currencies as investors shunned risk on fears of a Japanese Nuclear catastrophe. The Aussie was trading at 0.9808, up 0.22% at the time of this writing. Here’s a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie dipped to 0.9810 in the early afternoon and then rising to 0.9870 in the mid-afternoon. The Aussie then dropped gradually throughout the rest of the afternoon to its current level, still slightly up against the US Dollar as of this writing. Current range: 0.9762- 0.9868 Further levels: Below: 0.9770, 0.9782, 0.9794 Above: 0.9818, 0.9830, 0.9842 AUD / USD likely to find support at Wednesday’s low of 0.9708, and resistance at 1.0152. AUD/USD Fundamentals No major US or Australian economic events are scheduled for this Friday * All times are GMT. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment Investors are seeking the safety of the US Dollar and trying to avoid risk. Japan is beginning to assess the real level of damage and devastation caused by the massive earthquake. Investors are worried about the negative impact the earthquake will have on the global economy in general and the Japanese economy in particular. Currensee Community: 86% are short, 14% are long. 406 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 FX Seminar Series Launched by CitiFX Pro in London Yohay Elam 11 years The Australian Dollar was slightly higher Thursday against the US dollar which was broadly lower against other currencies as investors shunned risk on fears of a Japanese Nuclear catastrophe. The Aussie was trading at 0.9808, up 0.22% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals Previous sessions: The Aussie dipped to 0.9810 in the early afternoon and then rising to 0.9870 in the mid-afternoon. The Aussie then dropped gradually throughout the rest of the afternoon to its current level, still slightly up against the US Dollar as of this writing.… 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.
