AUD/USD technical analysis: Aussie weakening to 4-day lows near 0.6960


AUD/USD daily chart

AUD/USD is in a bear trend below its main daily simple moving averages (DSMAs). The market is trading at its lowest in 4 days.


AUD/USD 4-hour chart

AUD/USD is ending the day on its low challenging the 50 and 200 SMAs. 

AUD/USD 30-minute chart


AUD/USD is trading under bearish pressure below its main SMAs. A break below 0.6960 can send the Aussie to 0.6930 and 0.6900 handle. Resistances are seen at the 0.7000 and 0.7020 levels. 

Additional key levels

AUD/USD

Overview
Today last price 0.6963
Today Daily Change -0.0037
Today Daily Change % -0.53
Today daily open 0.7
 
Trends
Daily SMA20 0.693
Daily SMA50 0.7021
Daily SMA100 0.7071
Daily SMA200 0.7122
Levels
Previous Daily High 0.7022
Previous Daily Low 0.6963
Previous Weekly High 0.7022
Previous Weekly Low 0.6927
Previous Monthly High 0.7062
Previous Monthly Low 0.6862
Daily Fibonacci 38.2% 0.7
Daily Fibonacci 61.8% 0.6986
Daily Pivot Point S1 0.6968
Daily Pivot Point S2 0.6936
Daily Pivot Point S3 0.6909
Daily Pivot Point R1 0.7027
Daily Pivot Point R2 0.7054
Daily Pivot Point R3 0.7087

 

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

EUR/USD fluctuates near 1.0700 after US data

EUR/USD fluctuates near 1.0700 after US data

EUR/USD stays in a consolidation phase at around 1.0700 in the American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.

EUR/USD News

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Gold keeps consolidating ahead of US first-tier figures

Gold keeps consolidating ahead of US first-tier figures

Gold finds it difficult to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to turn north.

Gold News

Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium

Worldcoin looks set for comeback despite Nvidia’s 22% crash

Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.

Read more

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out

While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures