AUD/USD settled nicely above parity, at new all time highs after the QE2 decision. Will it push forward, or rest on parity? Here’s a quick update on technicals, fundamentals and community trends. AUD to USD far enough from parity, at 1.0050. AUD/USD Technicals Asian session: AUD/USD traded in a narrow range between 1.0023 and 1.0065. Current Range between 1.0023 to 1.01. Further levels in both directions: Below 1.0023, 1.0000, 0.9960, 0.9915, 0.9850, 0.9750, 0.9669. Above 1.01, 1.02, 1.03. Parity now turns into strong support. AUD/USD looks forward towards uncharted areas. AUD/USD Fundamentals All times are GMT. Most important events emphasized. 00:30 Australian Retail Sales. Exp. +0.5%. Actual +0.3%. Small disappointment. 00:30 Australian Trade Balance. Exp. +2.13, Actual, +1.7. 12:30 US Unemployment Claims. Exp. 437K. 12:30 US Prelim Nonfarm Productivity. Exp. +0.9%. 12:30 US Prelim Unit Labor Costs. Exp. +0.8%. 22:30 Australian AIG Construction Index. 00:30 (Friday) RBA Monetary Policy Statement. Optimistic view of the economy expected. AUD/USD Sentiment The surprising rate hike in Australia gave a boost to the Aussie, and its better positioned for a rise. Chinese growth continues to be an important theme for Australia. QE2 weakened the US dollar, and sent AUD/USD to new historic highs. US jobless claims are important towards the NFP. The RBA Monetary Policy Statement is very important for the Aussie, and is likely to boost it. Currensee Community: 68% are short, 32% are long. 336 open positions in real accounts trading this pair at the moment. Is the community seeing strong resistance at parity? 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 Finally Job Gains? Non-Farm Payrolls Preview Yohay Elam 12 years AUD/USD settled nicely above parity, at new all time highs after the QE2 decision. Will it push forward, or rest on parity? Here's a quick update on technicals, fundamentals and community trends. AUD to USD far enough from parity, at 1.0050. AUD/USD Technicals Asian session: AUD/USD traded in a narrow range between 1.0023 and 1.0065. Current Range between 1.0023 to 1.01. Further levels in both directions: Below 1.0023, 1.0000, 0.9960, 0.9915, 0.9850, 0.9750, 0.9669. Above 1.01, 1.02, 1.03. Parity now turns into strong support. AUD/USD looks forward towards uncharted areas. AUD/USD Fundamentals All times are GMT. Most important events emphasized.… 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.