- The US Durable Goods Orders came in worse-than-expected at -2.5% in April vs. -2% expected by anaysts. The news adds weight to the greenback weakness.
- AUD/USD is showing some strength in the last two days but can bulls sustain the counter-trend move at least to the 0.6960 resistance?
AUD/USD daily chart
AUD/USD is trading in a bear trend below its main simple moving averages (SMAs). The Aussie is consolidating its losses at multi-month lows.
AUD/USD 4-hour chart
The current USD weakness is giving AUD/USD a boost while bulls are breaking above 0.6900 and and the 50 SMA.
AUD/USD 30-minute chart
The Aussie is trading above the 0.6900 level and its main SMAs. Bulls can try to reach 0.6930 and 0.6960 resistances. Support is at the 0.6900 figure 0.6880 level.
|Today last price||0.6909|
|Today Daily Change||0.0010|
|Today Daily Change %||0.14|
|Today daily open||0.6899|
|Previous Daily High||0.6902|
|Previous Daily Low||0.6864|
|Previous Weekly High||0.7003|
|Previous Weekly Low||0.6862|
|Previous Monthly High||0.7206|
|Previous Monthly Low||0.6988|
|Daily Fibonacci 38.2%||0.6887|
|Daily Fibonacci 61.8%||0.6879|
|Daily Pivot Point S1||0.6875|
|Daily Pivot Point S2||0.685|
|Daily Pivot Point S3||0.6837|
|Daily Pivot Point R1||0.6913|
|Daily Pivot Point R2||0.6926|
|Daily Pivot Point R3||0.6951|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.