AUDUSD Analysis
Performance after Tuesday | |||||
Period | Pct | Chg | Momentum | ||
Tuesday | 0.2% | 13.1 Pips | |||
Week to-date | -0.16% | -10.5 Pips | |||
January | -3.3% | -224.8 Pips |
Upcoming key events (London Time)
Thu 01:30 PM USD GDP Annualized
What happened lately
No major activities.
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Tweets by Australian Bureau of Statistics
What can we expect from AUDUSD today?
AUDUSD on Tuesday rose 0.2% to 0.65830. Price is below 9-Day EMA while Stochastic is rising.
Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.6552 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.66123 or trades above daily pivot 0.65821. Break above could target R1 at 0.66132. While to the downside, we are looking at 0.6552 (S1) and daily low of 0.65511 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A break above 0.66123 may suggest continuation after recent positive movement.
For the week to-date, take note that AUDUSD is mixed as compared to the prior week.
Key levels to watch out:
R3 | 0.66744 |
R2 | 0.66433 |
R1 | 0.66132 |
Daily Pivot | 0.65821 |
S1 | 0.6552 |
S2 | 0.65209 |
S3 | 0.64908 |