AUD/USD enjoys a good start to the week, breaking above a resistance line, and now has parity in sight. Here’s a quick update on technicals, fundamentals and community trends. AUD to USD working its way up. AUD/USD Technicals Asian session: Active session sees the Aussie break above 0.9915. Current Range: 0.9915 to parity. Further levels in both directions: Below 0.9915, 0.9863, 0.9750, 0.9660. Above 1.0000, 1.0080, 1.0180, 1.0220, 1.03. Parity is a big technical hurdle. Significant support is at 0.9660. AUD/USD Fundamentals – No indicators today. AUD/USD Sentiment The formal Irish request for a bailout, in a smaller size than expected, triggers risk appetite. The Aussie enjoys it. Fears that Spain and Italy will also need bailout packages impacts the whole world, not only the Euro. European debt issues hurt the Aussie. There’s still a high chance of a rate hike from China. China’s hike of the reserve ratio rate on Friday hurt the Aussie. S&P downgraded the outlook for Australia’s neighbor, New Zealand, but this currently has a limited impact on AUD/USD. Currensee Community: 93% are short, 7% are long. 355 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 EUR/USD Nov. 22 – Breaks Resistance On Irish Progress Yohay Elam 11 years AUD/USD enjoys a good start to the week, breaking above a resistance line, and now has parity in sight. Here's a quick update on technicals, fundamentals and community trends. AUD to USD working its way up. AUD/USD Technicals Asian session: Active session sees the Aussie break above 0.9915. Current Range: 0.9915 to parity. Further levels in both directions: Below 0.9915, 0.9863, 0.9750, 0.9660. Above 1.0000, 1.0080, 1.0180, 1.0220, 1.03. Parity is a big technical hurdle. Significant support is at 0.9660. AUD/USD Fundamentals - No indicators today. AUD/USD Sentiment The formal Irish request for a bailout, in a smaller size than… Top 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.
