- AUD/USD keeps rising and approaches 0.7200.
- Trump to deliver a statement on US government shutdown.
The AUD/USD pair gained momentum during the American session on the back of a weaker US Dollar and climbed to 0.7181, the highest level in a week. It remains near the top ahead of a statement from US President Trump. Some media report signal that he could reopen the government.
The dollar and the yen are among the worst performers on Friday as equity prices rally in Wall Street. The greenback weakened further today on Fed policy expectations. The WSJ mentioned that the FOMC is considering ending sooner than expected the balance sheet reduction program. Expectations start to favor a pause in the normalization of the policy helping yields move lower and increasing the demand for riskier assets.
With today’s rally, AUD/USD erased weekly losses and rebounded sharply from weekly lows. Despite those gains, the Aussie continues to slide against the kiwi. AUD/NZD fell under 1.0500, to the lowest in three weeks.
AUD/USD
Overview:
Today Last Price: 0.7174
Today Daily change: 0.0081 pips
Today Daily change %: 1.14%
Today Daily Open: 0.7093
Trends:
Daily SMA20: 0.7128
Daily SMA50: 0.7175
Daily SMA100: 0.7169
Daily SMA200: 0.7304
Levels:
Previous Daily High: 0.7167
Previous Daily Low: 0.708
Previous Weekly High: 0.7226
Previous Weekly Low: 0.7146
Previous Monthly High: 0.7394
Previous Monthly Low: 0.7014
Daily Fibonacci 38.2%: 0.7113
Daily Fibonacci 61.8%: 0.7134
Daily Pivot Point S1: 0.706
Daily Pivot Point S2: 0.7026
Daily Pivot Point S3: 0.6973
Daily Pivot Point R1: 0.7147
Daily Pivot Point R2: 0.72
Daily Pivot Point R3: 0.7234
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