Latest Posts

Featured Image

USD/JPY clinging to gains ahead of Wall Street opening bell

Team FX Trading Revolution | Jan 18, 2019

Featured Image

GBP/USD: Pound retreats after dismal UK retail sales data

Team FX Trading Revolution | Jan 18, 2019

Featured Image

Canada: CPI for December +2.0% y/y vs +1.7% estimated

Team FX Trading Revolution | Jan 18, 2019

Featured Image

JPY strongest & NZD weakest on January 17th

Team FX Trading Revolution | Jan 17, 2019

Featured Image

EUR/JPY extending softer outlook below 125.00

Team FX Trading Revolution | Jan 17, 2019

Featured Image

AUD/USD holding weak tone amid US-China trade concern

Team FX Trading Revolution | Jan 17, 2019

Featured Image

Fx Options expiries for January 17

Team FX Trading Revolution | Jan 17, 2019

Featured Image

US: NAHB housing market index 58 vs 56 estimated

Team FX Trading Revolution | Jan 16, 2019

Featured Image

EUR/USD: Euro bulls gain back control after dipping below yesterday lows

Team FX Trading Revolution | Jan 16, 2019

Featured Image

PM May may survive no-confidence vote - TDS

Team FX Trading Revolution | Jan 16, 2019

AUD/USD slipped amid poor Chinese trade balance data

01/14/2019
at 6:35 AM

AUD/USD slipped from highs of 0.7220 on Monday as the Chinese Trade Balance figure came worse than expected that sent the Aussie back to 0.7180 area. 

However, the pair seems supported by 100 hour simple moving average. Further bearish momentum needs to break through this level to continue sliding. 

Technical Analysis

R1: 0.7235
R2: 0.7266
R3: 0.7296

S1: 0.7174
S2: 0.7144
S3: 0.7113

undefined