9 Apr 2014
AUD/USD popping higher on positive data
FXStreet (Guatemala) - Australia Home Loans came in at 2.3% to beat expectations (2%) in February and currently, AUD/USD is trading at 0.9368, up 0.08% on the day, having posted a daily high at 0.9373 and low at 0.9335.
AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. Looking to a daily chart, we see that RSI is neutral at 71.63. The 200 SMA is currently at 0.9302, up from 0.9263 at the last period close, and climbing on the hourly AUD/USD chart. Moving in an upward trend, the exponential average closing price is 0.9190.
AUD/USD Levels
Spot is presently trading at 0.9369, and next resistance can be seen at 0.9373 (Daily High), 0.9374 (Weekly Classic R2), 0.9399 (Daily ClassicR1), 0.9438 (Daily Classic R2) and 0.9438 (Weekly Classic R3). Next support to the downside can be found at 0.9368 (Yesterday's High), 0.9361 (Monthly High), 0.9361 (Weekly High), 0.9361 (YTD High) and 0.9361 (Daily Open). Regarding candlestick formations, we can see Doji formation on the 4-hour.
AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. Looking to a daily chart, we see that RSI is neutral at 71.63. The 200 SMA is currently at 0.9302, up from 0.9263 at the last period close, and climbing on the hourly AUD/USD chart. Moving in an upward trend, the exponential average closing price is 0.9190.
AUD/USD Levels
Spot is presently trading at 0.9369, and next resistance can be seen at 0.9373 (Daily High), 0.9374 (Weekly Classic R2), 0.9399 (Daily ClassicR1), 0.9438 (Daily Classic R2) and 0.9438 (Weekly Classic R3). Next support to the downside can be found at 0.9368 (Yesterday's High), 0.9361 (Monthly High), 0.9361 (Weekly High), 0.9361 (YTD High) and 0.9361 (Daily Open). Regarding candlestick formations, we can see Doji formation on the 4-hour.