OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD/USD recovers and rises to 0.8750

FXStreet (Córdoba) - AUD/USD moved off session lows and climbed to 0.8750. Earlier the pair bottomed at 0.8684, area located a few pips above Wednesday’s lows and then rebounded.

Equities in Europe and in Wall Street are falling but during the last two hours trimmed losses and weakened the US dollar in the currency market, pushing AUD/USD to the upside.

AUD/USD level to watch

To the upside, immediate resistance lies at 0.8750 (session high) and above here at 0.8775 and 0.8815, followed by 0.8855/60 (Oct 15 high). On the opposite direction support could be located at 0.8715 and below here at 0.8685 (daily low) and 0.8640/50 (Oct lows).

United States EIA Natural Gas Storage change above expectations (91B) in October 10: Actual (94B)

Read more Previous

Natural Gas tanks on inventory report

Natural gas prices fell sharply after the Energy Information Agency (EIA) reported that US natural gas stocks increased by 94 billion cubic feet for the week ending October 10, compared with an expected increase of 91 billion cubic feet.
Read more Next
Start livechat