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BOE

Early analyst view changes

WTI TECHS

(H3) Bearish Focus

AUDUSD TECHS

Trend Signals Remain Bullish

BUNDS

Focus turns to the US AHE

GOLD TECHS

Pullback Considered Corrective

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Bullish Extension

AUDUSD TECHS
  • RES 4: 0.6956 High Aug 30
  • RES 3: 0.6909 76.4% retracement of the Aug 11 - Oct 13 downleg
  • RES 2: 0.6800 Round number resistance
  • RES 1: 0.6797 High Nov 15
  • PRICE: 0.6752 @ 15:39 GMT Nov 16
  • SUP 1: 0.6663/6578 Low Nov 14 / 11
  • SUP 2: 0.6538/0.6508 50-day EMA / 20-day EMA
  • SUP 3: 0.6387 Low Nov 10
  • SUP 4: 0.6272 Low Nov 3 and a key support

AUDUSD remains firm and held its ground through the Wednesday trading session. This reinforces current bullish conditions and signals scope for an extension of the rally that started mid-October. The pair has cleared 0.6768, the 61.8% retracement of the Aug 11 - Oct 13 downleg. The break opens the 0.6800 handle next. Firm short-term support has been defined at 0.6387, the Nov 10 low. Initial support lies at 0.6663 and 0.6578, the Nov 14 and 11 lows respectively.

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  • RES 4: 0.6956 High Aug 30
  • RES 3: 0.6909 76.4% retracement of the Aug 11 - Oct 13 downleg
  • RES 2: 0.6800 Round number resistance
  • RES 1: 0.6797 High Nov 15
  • PRICE: 0.6752 @ 15:39 GMT Nov 16
  • SUP 1: 0.6663/6578 Low Nov 14 / 11
  • SUP 2: 0.6538/0.6508 50-day EMA / 20-day EMA
  • SUP 3: 0.6387 Low Nov 10
  • SUP 4: 0.6272 Low Nov 3 and a key support

AUDUSD remains firm and held its ground through the Wednesday trading session. This reinforces current bullish conditions and signals scope for an extension of the rally that started mid-October. The pair has cleared 0.6768, the 61.8% retracement of the Aug 11 - Oct 13 downleg. The break opens the 0.6800 handle next. Firm short-term support has been defined at 0.6387, the Nov 10 low. Initial support lies at 0.6663 and 0.6578, the Nov 14 and 11 lows respectively.