AUD/USD gradually moved up, walking through an uptrend channel back to parity. Will it hold to it this time?Here’s a quick update on technicals, fundamentals and community trends. AUD to USD in range AUD/USD Technicals Previous sessions: AUD/USD gradually walked up the channel. Current Range: 1.0000 to 1.0080 Further levels in both directions: Below 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0080, 1.0180, 1.0220, 1.03. 0.9660 strong support below. AUD/USD Parity needs to confirmed. Uptrend channel working throughout the week. The uptrrend support is more significant than the resistance line. AUD/USD Fundamentals 21:45 (Wednesday) New Zealand GDP. Exp. +0.1%. 13:30 (Thursday) US Unemployment Claims. Exp. 421K. 13:30 US Durable Goods Orders. Exp. -0.5%. Core figure, exp. +1.7% 13:30 US Personal Spending. Exp. +0.5%. 14:55 US Revised Consumer Sentiment. Exp. 74.7 points. 15:00 US New Home Sales. Exp. 301K. For the major events due later in the week, see the AUD/USD forecast. AUD/USD Sentiment The never ending military drills held by South Korea alleviated tensions in that region, but didn’t affect the Aussie. Maybe the new one will – it’s a bigger one. Any rumor from China rocks the Australian dollar stronger than domestic figures these day. Australian fundamentals continue to support the Aussie when there isn’t fear in the market. Currensee Community: 83% are short, 17% are long. 408 open positions in real accounts trading this pair at the moment. The community continues seeing more falls in AUD/USD. 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 AUD/USD Daily Outlooks share Read Next Forex Daily Outlook – December 23 2010 Anat Dror 12 years AUD/USD gradually moved up, walking through an uptrend channel back to parity. Will it hold to it this time?Here's a quick update on technicals, fundamentals and community trends. AUD to USD in range AUD/USD Technicals Previous sessions: AUD/USD gradually walked up the channel. Current Range: 1.0000 to 1.0080 Further levels in both directions: Below 1, 0.9915, 0.9840, 0.9725, 0.9660, 0.9540, 0.9460, 0.9366. Above 1.0080, 1.0180, 1.0220, 1.03. 0.9660 strong support below. AUD/USD Parity needs to confirmed. Uptrend channel working throughout the week. The uptrrend support is more significant than the resistance line. AUD/USD Fundamentals 21:45 (Wednesday) New Zealand GDP.… 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.
