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AUDUSD on Wednesday rose 0.09% to 0.65122. What we know.

AUDUSD on Wednesday rose 0.09% to 0.65122. What we know.

AUDUSD Analysis

Performance after Wednesday
Period Pct Chg Momentum
Wednesday 0.09% 5.7 Pips
Week to-date 2.43% 154.3 Pips
November 2.77% 175.7 Pips

Upcoming key events (London Time)

Thu 12:30 AM AUD Labour Force Monthly Employment Change
Thu 12:30 AM AUD Labour Force Unemployment Rate

What happened lately

๐Ÿ‡บ๐Ÿ‡ธ U.S. New York Empire State Manufacturing Index in November exceed forecast and rose to 9.1 points compared to previous figure -4.6 points in October
๐Ÿ‡บ๐Ÿ‡ธ U.S. Producer Price Index (12-mth) in October below forecast and dropped to 1.3% compared to previous figure 2.2% in September
๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate excluding Food and Energy sectors (1-mth) in October below forecast and dropped to 0.2% compared to previous figure 0.3% in September Bureau of Labor Statistics
๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate (12-mth) in October below forecast and dropped to 3.2% compared to previous figure 3.7% in September Bureau of Labor Statistics
๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate (1-mth) in October below forecast and dropped to 0% compared to previous figure 0.4% in September Bureau of Labor Statistics
๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI Inflation Rate excluding Food and Energy sectors (12-mth) in October below forecast and dropped to 4% compared to previous figure 4.1% in September Bureau of Labor Statistics

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What can we expect from AUDUSD today?

AUDUSD on Wednesday rose 0.09% to 0.65122. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for AUDUSD looks as

A break above 0.65422 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 0.66013
R2 0.65717
R1 0.6542
Daily Pivot 0.65124
S1 0.64827
S2 0.64531
S3 0.64234

You might be interested in:

Advance Monthly Sales for Retail and Food Services. Census Bureau
CPI for all items unchanged in October; shelter up. Bureau of Labor Statistics
Business Formation Statistics. Census Bureau

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