26 Jun 2014
AUD/USD protected on 0.94 handle
FXStreet (Guatemala) - AUD/USD is trading at 0.9412, up 0.05% on the day, having posted a daily high at 0.9421 and low at 0.9396.
AUD/USD offers stalled on the 0.94 handle and the pair has been climbing back in a slow grind throughout the session. Meanwhile, the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is neutral. From the calendar, there is nothing to inspire us for the rest of the week but we are reminded by analysts at TD Securities of the May Job Vacancies: “This series has been trending higher since Feb 2013, new job openings picked up 2.5% in the quarter to May, but the pace has slowed. Yesterday's Skilled Vacancies data showed skilled job vacancies actually declining, suggesting some signs of softening may be emerging in the labour market.”
AUD/USD Levels
With spot trading at 0.9412, we can see next resistance ahead at 0.9421 (Daily High), 0.9423 (Weekly High), 0.9427 (Daily Classic R1), 0.9428 (Monthly High) and 0.9428 (YTD High). Support below can be found at 0.9410 (Yesterday's High), 0.9407 (Daily Open), 0.9404 (Hourly 20 EMA), 0.9400 (Hourly 100 SMA) and 0.9396 (Daily Low).
AUD/USD offers stalled on the 0.94 handle and the pair has been climbing back in a slow grind throughout the session. Meanwhile, the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is neutral. From the calendar, there is nothing to inspire us for the rest of the week but we are reminded by analysts at TD Securities of the May Job Vacancies: “This series has been trending higher since Feb 2013, new job openings picked up 2.5% in the quarter to May, but the pace has slowed. Yesterday's Skilled Vacancies data showed skilled job vacancies actually declining, suggesting some signs of softening may be emerging in the labour market.”
AUD/USD Levels
With spot trading at 0.9412, we can see next resistance ahead at 0.9421 (Daily High), 0.9423 (Weekly High), 0.9427 (Daily Classic R1), 0.9428 (Monthly High) and 0.9428 (YTD High). Support below can be found at 0.9410 (Yesterday's High), 0.9407 (Daily Open), 0.9404 (Hourly 20 EMA), 0.9400 (Hourly 100 SMA) and 0.9396 (Daily Low).