From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Trading news
1 Jun 2018
AUD/USD Technical Analysis: Aussie tightens range ahead of Friday's US NFP
- Aussie trading flat ahead of Friday's NFP, tight barriers set by Thursday's range.
- Hourly MACD, slow stochastics are drifting near their midranges.
- Bearish divergence in price action and technicals.
AUD/USD chart, 1-Hour.
Spot rate: 0.7559
Relative change: -0.10%
Trend: Flat to bearish
Support 1: 0.7555 (50-hour exponential moving average)
Support 2: 0.7542 (61.8% 1-week Fibonacci level)
Support 3: 0.7529 (S2 1-day pivot point)
Resistance 1: 0.7573 (current Friday high)
Resistance 2: 0.7593 (Thursday swing high)
Resistance 3: 0.7605 (10-day high)