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AUD/USD Technical Analysis: searching for 0.7250 in risk-on markets

  • The past twenty-four hours sees the AUD/USD holding above the 0.7200 key handle heading into the US mid-term election results window, and broader market sentiment remains pinned to the risk-on side, and the Aussie is catching support in the near-term from yesterday's peaks at the 0.7200 critical level.

AUD/USD M5

  • Hourly candles see the Aussie picking up firmer support from the 38.2% Fibo retracement level at 0.7185, with the 50-hour EMA providing an intraday floor from 0.7215.

AUD/USD H1

  • The past month sees the Aussie setting up for a potential move higher, with the 50- and 200-period moving averages making a bullish crossover and staging a new near-term support level from 0.7150.

AUD/USD H4

AUD/USD

Overview:
    Last Price: 0.7237
    Daily change: 25 pips
    Daily change: 0.347%
    Daily Open: 0.7212
Trends:
    Daily SMA20: 0.7112
    Daily SMA50: 0.7163
    Daily SMA100: 0.7269
    Daily SMA200: 0.7487
Levels:
    Daily High: 0.7219
    Daily Low: 0.7183
    Weekly High: 0.726
    Weekly Low: 0.705
    Monthly High: 0.724
    Monthly Low: 0.702
    Daily Fibonacci 38.2%: 0.7205
    Daily Fibonacci 61.8%: 0.7196
    Daily Pivot Point S1: 0.719
    Daily Pivot Point S2: 0.7168
    Daily Pivot Point S3: 0.7153
    Daily Pivot Point R1: 0.7226
    Daily Pivot Point R2: 0.7241
    Daily Pivot Point R3: 0.7263

 

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