AUD/USD begins to feel the heat from Europe and finds support at parity. Will the Aussie fall from the high range or get a boost from employment figures? Here’s a quick update on technicals, fundamentals and community trends. AUD to USD supported at parity. AUD/USD Technicals Asian session: Active session found the Aussie testing parity. Current Range between 1.0023 to 1.0080 Further levels in both directions: Below 1.0023, 1.0000, 0.9915, 0.9850, 0.9750, 0.9669. Above 1.0080, 1.0180, 1.0220, 1.03. Parity is a strong support line now. 1.0180 is a strong line of resistance before uncharted territory. AUD/USD Fundamentals All times are GMT. Most important events emphasized. 00:30 Australian Home Loans. Exp. +1.1%. Actual +1.3%. Aussie positive. 2:30 Chinese Trade Balance. Exp. +25.3 billion. Actual +27.2 billion. 13:30 US Unemployment Claims. Exp. 451K. 13:30 US Trade Balance. Exp. -45 billion. 19:00 US Federal Budget Balance. Exp. -153 billion. 00:00 Australian MI Inflation Expectations. 00:30 Australian employment data. Employment Change exp. +20K. Unemployment rate 5%. AUD/USD Sentiment QE2 weakened the US dollar, and sent AUD/USD to new historic highs. So is gold. European problems begin to weigh on the whole world. Employment figures in Australia will probably help the Aussie. Currensee Community: 86% are short, 14% are long. 354 open positions in real accounts trading this pair at the moment. Is the community seeing a big correction? 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 Who Said Most Forex Traders Lose? Yohay Elam 12 years AUD/USD begins to feel the heat from Europe and finds support at parity. Will the Aussie fall from the high range or get a boost from employment figures? Here's a quick update on technicals, fundamentals and community trends. AUD to USD supported at parity. AUD/USD Technicals Asian session: Active session found the Aussie testing parity. Current Range between 1.0023 to 1.0080 Further levels in both directions: Below 1.0023, 1.0000, 0.9915, 0.9850, 0.9750, 0.9669. Above 1.0080, 1.0180, 1.0220, 1.03. Parity is a strong support line now. 1.0180 is a strong line of resistance before uncharted territory. AUD/USD Fundamentals All times are… 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.
