Technical Analysis – 23rd February, 2015

February 23, 2015

Monday 23rd, February 2015

 

Intraday Support & Resistance Levels

Intraday 230215 | Vantage FX

 

Technical Indicator Signals

Technical Indicator 230215 | Vantage FX

 

Currency Pair Spotlight

AUDUSD 230215 | Vantage FX/p>

AUDUSD: AUDUSD barely closed at around 0.7840 where a huge amount of call options lay on Friday. The resistance is very strong according to the market reaction and has never really been penetrated by 14-hour continuous attacks from the bulls. Personally, I expect the AUDUSD will not break the 0.7850 level and be pressed down to 0.77. However, if the currency pair can stand above 0.7850, 0.80 will be the next target for bulls

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

 

Today’s Key Economic Calendar Events

Economic Calendar 230215 | Vantage FX

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

 

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