Back
19 Sep 2014
AUD/USD trading erratically on cross flows
FXStreet (Guatemala) - AUD/USD is trading at 0.8963, down -0.31% on the day, having posted a daily high at 0.9004 and low at 0.8937.
AUD/USD is has dropped lower through 0.8940 but has regained traction higher up the handle and back to current levels at 0.8960. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish. Currently RSI is at 40.01, down from the last hourly print at 50.89, with ADX at 25.68, up from its previous close at 10.71. Markets are trading erratically around the Scottish voting results and technicals are pushed aside as market makers are put to work on busy trading desks in the Asian shift. Daily RSI sits at 31.01, in neutral territory.
AUD/USD levels
With spot trading at 0.8963, we can see next resistance ahead at 0.8972 (Daily Classic PP), 0.8981 (Hourly 20 EMA), 0.8991, 0.8999 and 0.9004. Support below can be found at 0.8961, 0.8945 (Daily Classic S1), 0.8937 and 0.8927.
AUD/USD is has dropped lower through 0.8940 but has regained traction higher up the handle and back to current levels at 0.8960. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish. Currently RSI is at 40.01, down from the last hourly print at 50.89, with ADX at 25.68, up from its previous close at 10.71. Markets are trading erratically around the Scottish voting results and technicals are pushed aside as market makers are put to work on busy trading desks in the Asian shift. Daily RSI sits at 31.01, in neutral territory.
AUD/USD levels
With spot trading at 0.8963, we can see next resistance ahead at 0.8972 (Daily Classic PP), 0.8981 (Hourly 20 EMA), 0.8991, 0.8999 and 0.9004. Support below can be found at 0.8961, 0.8945 (Daily Classic S1), 0.8937 and 0.8927.