Tradingfxdaily.com
  • Home
  • Forex
  • Crypto News
    • NFT News
  • World News
  • Business
  • Stock Market
  • Economic Calendar
No Result
View All Result
  • Home
  • Forex
  • Crypto News
    • NFT News
  • World News
  • Business
  • Stock Market
  • Economic Calendar
No Result
View All Result
Tradingfxdaily.com
No Result
View All Result
Home Forex

AUDUSD revisits the 100 day MA for the 2nd consecutive day. Bounces.

tradingfxdaily by tradingfxdaily
December 18, 2022
in Forex
0
AUDUSD revisits the 100 day MA for the 2nd consecutive day. Bounces.
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Richmond Fed manufacturing index for May -9 vs. +9 estimate

Baker Hughes total rig count falls -12 to 759

February 4, 2023
Renews yearly high as bulls eye 1.2965

USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410

February 4, 2023

AUDUSD has good support and resistance in play

The AUDUSD is lower on the day now after rising in the early Asian session. The high price for the day fell short of the swing area between 0.6738 0.67437 (see red numbered circles and lower yellow area on the chart above). The high price could only reach 0.67353 before rotating back to the downside.

The price it just moved down to retest the low price from yesterday at 0.6676. The low price 0.66745. Just below those levels since the 100 day moving average currently at 0.6669. The low price from December 7 (and November 30) reached down to 0.66681. Breaking below those levels will be required to increase the bearish bias.

The S&P Global PMI data just came out weaker than expectations. The AUDUSD pair initially moved higher (lower USD) but has backed off a bit as traders await the impact in the equity market. So far the reaction has been limited.

ADVERTISEMENT – CONTINUE READING BELOW

Source link

Share76Tweet47

Related Posts

Richmond Fed manufacturing index for May -9 vs. +9 estimate

Baker Hughes total rig count falls -12 to 759

by tradingfxdaily
February 4, 2023
0

The Baker Hughes rig count fell -12 to 759. That was the lowest total rig count since September 2022.Oil rigs...

Renews yearly high as bulls eye 1.2965

USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410

by tradingfxdaily
February 4, 2023
0

USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a...

Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?

Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?

by tradingfxdaily
February 4, 2023
0

Euro, EUR/USD, US Dollar, GBP/USD, ECB, BoE, AUD/USD, Crude Oil - Talking PointsEuro support continues as US Dollar IS undermined...

Fed Daly to speak on FOXBusiness at the 1430 ET

Fed Daly to speak on FOXBusiness at the 1430 ET

by tradingfxdaily
February 4, 2023
0

The San Francisco Fed President Mary Daly is expected to speak on FOXBusiness news at 1430 ET. Daly represents the...

Remains negative but bounced off weekly lows around 0.9545, approaches 0.9590s

Rallies back above 0.9250 reclaim the 20-DMA as bull’s eye the 50-DMA

by tradingfxdaily
February 4, 2023
0

The US Dollar strengthens across the FX space, a tailwind for the USD/CHF. USD/CHF Price Analysis: Shifted to neutral biased...

Load More
  • Trending
  • Comments
  • Latest
Short SPX: Top Trade Opportunities

Short SPX: Top Trade Opportunities

April 5, 2022
The Top 5 Metaverses to Look Out for in 2022

The Top 5 Metaverses to Look Out for in 2022

March 26, 2022
What is Leverage in Forex? Forex Leverage Explained

What is Leverage in Forex? Forex Leverage Explained

April 19, 2022

Larry Fink says globalization is over — Here’s what it means for the markets

March 26, 2022
Tesla Stock Split: What to Know as EV Maker Prepares to Split Its Stock in 2022

Tesla Stock Split: What to Know as EV Maker Prepares to Split Its Stock in 2022

March 28, 2022
Workers lose fight to be paid overtime for day of Queen Elizabeth II’s funeral

Workers lose fight to be paid overtime for day of Queen Elizabeth II’s funeral

0

In a Less-Globalized World, Be Careful Where You Park Your Plane

0
Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next? By Cointelegraph

Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next? By Cointelegraph

0

Larry Fink says globalization is over — Here’s what it means for the markets

0
Natural-Gas Industry Gets Boost as Biden Shifts Stance

Natural-Gas Industry Gets Boost as Biden Shifts Stance

0
Workers lose fight to be paid overtime for day of Queen Elizabeth II’s funeral

Workers lose fight to be paid overtime for day of Queen Elizabeth II’s funeral

February 4, 2023
China regulator denies rumours about probes on Xiaomi-invested firms By Reuters

Lufthansa, Air France-KLM eye Flybe landing slots

February 4, 2023
Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened – Mining Bitcoin News

Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened – Mining Bitcoin News

February 4, 2023
UK police to issue first 20 fines over Downing Street lockdown parties By Reuters

Ban on marijuana users owning guns is unconstitutional, U.S. judge rules By Reuters

February 4, 2023
Richmond Fed manufacturing index for May -9 vs. +9 estimate

Baker Hughes total rig count falls -12 to 759

February 4, 2023
Tradingfxdaily.com

Tradingfxdaily.com is your Forex, Stock News, World News, Crypto Currency News, Business News & NFT News Website. We provide you with the latest breaking news and videos straight from the Trading industry.

  • Home
  • About us
  • Contact Us
  • Privacy Policy

© 2022 - All Right Reserved. tradingfxdaily.com

No Result
View All Result
  • Home
  • Forex
  • Crypto News
    • NFT News
  • World News
  • Business
  • Stock Market
  • Economic Calendar

© 2022 - All Right Reserved. tradingfxdaily.com

EURUSD=X 
$1.08  -1.04%  
EURCAD=X 
$1.45  -0.38%  
EURJPY=X 
$141.63  0.94%  
GBPUSD=X 
$1.21  -1.41%  
EURNZD=X 
$1.71  1.24%  
AUDUSD=X 
$0.6924  -2.22%  
CADUSD=X 
$0.7461  -0.66%