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30 Dec 2014
AUD/USD trading between key areas
FXStreet (Guatemala) - AUD/USD is trading at 0.8180, on the day, having posted a daily high at 0.8204 and low at 0.8122.
AUD/USD has been a good performer on a weaker greenback along with spot gold bid and scoring highs of $1,211. However, the Aussie is moving away from the highs here and now meeting a bit of support. There is an air of calm after a number of spikes around the board and a period of consolidation is moving in through the greenback. At this stage, as noted by Karen Jones chief analyst at Commerzbank, we are sitting between key levels being the Imoku 1 resistance at 0.8242 and 0.8068 2010 low along with a long term double Fibonacci support at 0.7950/30.
AUD/USD noteworthy levels
With spot trading at 0.8180, we can see next resistance ahead at 0.8201, 0.8219 (Daily Classic R3), 0.8252 (Daily 20 SMA), 0.8503 (Monthly High) and 0.8784 (Daily 100 SMA). Support below can be found at 0.8165 (Weekly Classic R3), 0.8156 (Hourly 20 EMA), 0.8120 and 0.8085.
AUD/USD has been a good performer on a weaker greenback along with spot gold bid and scoring highs of $1,211. However, the Aussie is moving away from the highs here and now meeting a bit of support. There is an air of calm after a number of spikes around the board and a period of consolidation is moving in through the greenback. At this stage, as noted by Karen Jones chief analyst at Commerzbank, we are sitting between key levels being the Imoku 1 resistance at 0.8242 and 0.8068 2010 low along with a long term double Fibonacci support at 0.7950/30.
AUD/USD noteworthy levels
With spot trading at 0.8180, we can see next resistance ahead at 0.8201, 0.8219 (Daily Classic R3), 0.8252 (Daily 20 SMA), 0.8503 (Monthly High) and 0.8784 (Daily 100 SMA). Support below can be found at 0.8165 (Weekly Classic R3), 0.8156 (Hourly 20 EMA), 0.8120 and 0.8085.