{"id":1126,"date":"2021-05-17T14:41:34","date_gmt":"2021-05-17T17:41:34","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1126"},"modified":"2021-05-17T14:41:37","modified_gmt":"2021-05-17T17:41:37","slug":"aud-usd-longs-lose-some-traction-but-encouraging-signs-remain","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/17\/aud-usd-longs-lose-some-traction-but-encouraging-signs-remain\/","title":{"rendered":"AUD \/ USD &#8211; Longs Lose Some Traction But Encouraging Signs Remain"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>AUD \/ USD falls below the daily cloud top, 10- &amp; 21-DMAS in overnight trade<\/p>\n\n\n\n<p>Risk-off tone, weakness in EM&nbsp; &amp; high beta currencies drive AUD \/ USD down<\/p>\n\n\n\n<p>Slide stalls short of the 55-DMA though, sharp bounce takes hold<\/p>\n\n\n\n<p>AUD \/ USD climbs back above the daily cloud and a daily bull hammer forms<\/p>\n\n\n\n<p>Today&#8217;s price action gives longs some confidence higher levels&nbsp; are possible<\/p>\n\n\n\n<p>Break above 0.7800 \/ 20 zone needed to give longs greater confidence<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/plus.efxdata.com\/news\/645959910293ea827f2da3aa9636e093\/AUDUSD5-17-2021_201-11-18_20PM.jpg_0.jpeg?v60a2a50f\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>Source: <a href=\"https:\/\/plus.efxdata.com\/news\/insights\" data-type=\"URL\" data-id=\"https:\/\/plus.efxdata.com\/news\/insights\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/plus.efxdata.com\/news\/insights<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUD \/ USD falls below the daily cloud top, 10- &amp; 21-DMAS in overnight trade Risk-off tone, weakness in EM&nbsp; &amp; high beta currencies drive AUD \/ USD down Slide stalls short of the 55-DMA though, sharp bounce takes hold AUD \/ USD climbs back above the daily cloud and a daily bull hammer forms [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1106,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1126","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1126"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1126\/revisions"}],"predecessor-version":[{"id":1127,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1126\/revisions\/1127"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1106"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}