AUD/USD lost ground and is now at lower support, after receiving economic data that was inline with expectations. It still has room towards a more important support line. Here’s a quick update on technicals, fundamentals and community trends. AUD to USD unable to recover. AUD/USD Technicals Asian session: The Aussie traded in a limited range. Current Range: 0.9750 to 0.9863 Further levels in both directions: Below 0.9750, 0.9660. Above 0.9863, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. The pair is now struggling with 0.9750. Significant support is at 0.9660. AUD/USD Fundamentals All times are GMT. Most important events emphasized. 23:30 (Tuesday) Australian MI Leading Index – 0%. 00:30 Australian Wage Price Index. Exp. +1.1%. Actual +1.1%. 13:00 US FOMC member Eric Rosengren talks. 13:00 US CPI. Exp. +0.3%. Core CPI exp. +0.1%. 13:30 US Building Permits. Exp. 570K. 13:30 US Housing Starts. Exp. 590K. 14:15 US FOMC member James Bullard talks. AUD/USD Sentiment Talks about China limiting foreign activity in China sent the Shanghai stock exchange 5% lower, hurting the Aussie as well. This move on Friday still has an impact on the Aussie. Fears that Spain and Italy will also need bailout packages impacts the whole world, not only the Euro. European debt issues hurt the Aussie. Currensee Community: 85% are short, 15% are long. 330 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 GBP/USD Temporarily Recovers on Drop in Unemployment Yohay Elam 12 years AUD/USD lost ground and is now at lower support, after receiving economic data that was inline with expectations. It still has room towards a more important support line. Here's a quick update on technicals, fundamentals and community trends. AUD to USD unable to recover. AUD/USD Technicals Asian session: The Aussie traded in a limited range. Current Range: 0.9750 to 0.9863 Further levels in both directions: Below 0.9750, 0.9660. Above 0.9863, 0.9915, 1.0000, 1.0080, 1.0180, 1.0220, 1.03. The pair is now struggling with 0.9750. Significant support is at 0.9660. AUD/USD Fundamentals All times are GMT. Most important events emphasized. 23:30 (Tuesday)… 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.
