26 Jun 2014
AUD/USD positioned higher and slightly bullish
FXStreet (Guatemala) - Currently, AUD/USD is trading at 0.9410, up 0.03% on the day, having posted a daily high at 0.9416 and low at 0.9397.
Much of the movements in markets today were mainly to do with the US GDP prints. Earlier, AUD rose from 0.9355 to 0.9402 while currently the hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish. At the time of writing, RSI is neutral at 68.41, up from 65.93 at the last hour close, while ADX is ranging at 27.79, down from 29.34 previous.
AUD/USD Levels
With spot trading at 0.9410, we can see next resistance ahead at 0.9410 (Yesterday's High), 0.9416 (Daily High), 0.9423 (Weekly High), 0.9427
(Daily Classic R1) and 0.9428 (Monthly High). Support below can be found at 0.9407 (Daily Open), 0.9399 (Hourly 100 SMA), 0.9397 (Daily Low), 0.9390 (Daily Classic PP) and 0.9390 (Hourly 20 EMA).
Much of the movements in markets today were mainly to do with the US GDP prints. Earlier, AUD rose from 0.9355 to 0.9402 while currently the hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish. At the time of writing, RSI is neutral at 68.41, up from 65.93 at the last hour close, while ADX is ranging at 27.79, down from 29.34 previous.
AUD/USD Levels
With spot trading at 0.9410, we can see next resistance ahead at 0.9410 (Yesterday's High), 0.9416 (Daily High), 0.9423 (Weekly High), 0.9427
(Daily Classic R1) and 0.9428 (Monthly High). Support below can be found at 0.9407 (Daily Open), 0.9399 (Hourly 100 SMA), 0.9397 (Daily Low), 0.9390 (Daily Classic PP) and 0.9390 (Hourly 20 EMA).