Technical Analysis – 14th August, 2014

August 14, 2014

Thursday 14th August, 2014

 

AUDUSD 140814 | MXT Global Forex

Currency Pair Spotlight

AUD/USD: The Aussie led the rebound of commodity currencies against Dollar after the disappointing U.S. Retail Sales. It rose back beyond the 0.93 level. However, 0.9320 is the neckline of head-and-shoulders top pattern. The near term outlook of the Aussie is still permissible as long as it was still subdued by this resistant level. Technically, the prices are moving in the bearish channel which had started from 24 July. Also, AO and RSI are still in the bearish zone. 0.92 will be the next target of bears.

For a full market wrap up, see Anthony’s Daily Forex Market Report.

 

Intraday Support & Resistance Levels

Support Resistance 140814 | MXT Global Forex

 

Technical Indicator Signals

technical inidcators 140814 | MXT Global Forex

 

Today’s Key Economic Calendar Events

econ cal 140814

For the full week’s outlook of events, please see our Economic Calendar

 

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