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Forex: AUD/USD steadies below 1.0550

FXstreet.com (Córdoba) - After setting a fresh nearly 3-month high benefited by broad risk appetite, the AUD/USD entered in a consolidation phase while stocks also secure gains in Wall Street.

AUD/USD peaked at 1.0551 during the American session, but failed to break decisively above the 1.0550 resistance area and settled just below. At time of writing, AUD/USD is trading around 1.0540, where it posts a 0.5% gain.

As for technical levels, next resistance levels for the Aussie could be faced at 1.0550 (Apr 10 high), 1.0575 (Jan 23 high) and 1.0600 (psychological level). On the other hand, supports are seen at 1.0500 (psychological level), 1.0470 (intraday low) and 1.0440 (100-hour SMA).

Forex: NZD/USD in fresh highs, eyes on 0.8580

The kiwi dollar is extending its intraday upside on Wednesday, eyeing 0.8580 ahead of the Business PMI in the NZ economy for the month of March (56.3 prev.)...
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Forex: GBP/JPY rises to test the 153.00 area

The Sterling is advancing further against the Japanese yen with the GBP/JPY 25 pips in the latest few minutes to trade above the 152.80 level and test the 153.00 area for first time since October 2010. Currently the pair is trading at 152.90.
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