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18 Apr 2014
AUD/USD stands still as traders are on Easter holiday
FXStreet (Moscow) - The time for AUD/USD has freezes to 0.9330 and won’t move for all the tea in China
Aussie leans to the bearish side
AUD/USD went on with its sequence with lower daily lows and came dangerously close to the bespoke support level of 0.9300 (Thursday’s low is at 0.9321). The pair has lost its bullish momentum and now struggles to keep its earlier gains. Today’s calendar is absolutely empty, but there are definite risks of harsh technical movements as illiquid market tends to be volatile. The strong offers are seen on approach to 0.9320 and all the way to 0.9310. So the move below may trigger stops and accelerate the downside below 0.9300. On the upside the main hurdle is seen at 0.9350/56
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9347, with support below at 0.9301, 0.9274 and 0.9228, with resistance above at 0.9374, 0.9420 and 0.9447. Hourly Moving Averages are bearish, with the 200SMA at 0.9370 and the daily 20EMA is bullish at 0.9285. Hourly RSI is bearish at 33.
Aussie leans to the bearish side
AUD/USD went on with its sequence with lower daily lows and came dangerously close to the bespoke support level of 0.9300 (Thursday’s low is at 0.9321). The pair has lost its bullish momentum and now struggles to keep its earlier gains. Today’s calendar is absolutely empty, but there are definite risks of harsh technical movements as illiquid market tends to be volatile. The strong offers are seen on approach to 0.9320 and all the way to 0.9310. So the move below may trigger stops and accelerate the downside below 0.9300. On the upside the main hurdle is seen at 0.9350/56
What are today’s key AUD/USD levels?
Today's central pivot point can be found at 0.9347, with support below at 0.9301, 0.9274 and 0.9228, with resistance above at 0.9374, 0.9420 and 0.9447. Hourly Moving Averages are bearish, with the 200SMA at 0.9370 and the daily 20EMA is bullish at 0.9285. Hourly RSI is bearish at 33.