Technical analysis

03 December 2019

14:54 The AUD / USD pair rose sharply, reaching a two-week high of $0.6845

The AUD / USD pair rose sharply, reaching a two-week high of $0.6845, after the RBA decided to keep monetary policy unchanged. Yesterday, the pair also traded higher and rose from $0.6760 to $0.6825. AUD / USD rose above the moving average MA (200) H1 ($0.6785), and above MA (200) H4 ($0.6835).

Resistance level are at: $0.6865, $0.6910-30, $0.6985

Support levels are at:  $0.6835, $0.6810, $0.6785-90

The AUD / USD pair rose sharply, reaching a two-week high of $0.6845 03.12.2019

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03 December 2019, 15:10

The USD / CAD is trading above MA (200)

03 December 2019, 14:38

Gold is trading lower, below MA (200)

Market focus

  • Germany's trade surplus rose slightly in October
  • Swiss unemployment rate remained unchanged in November
  • China says hopes it can reach trade agreement with U.S. as soon as possible
  • Eurozone investor confidence rose sharply in December - Sentix
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