Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
AUDUSD FOMC Reversal Values

AUDUSD FOMC Reversal Values

Walker England, Forex Trading Instructor

Talking Points

  • AUDUSD Moves to R4 Resistance
  • Today’s Range Begins at .8876
  • Bearish Reversals Triggered Under .8805

USDJPY 30Minute Chart

(Created using FXCM’s Marketscope 2.0 charts)

Looking for more FX Reversals? Sign up for my email list here: SIGN UP HERE

The AUDUSD has opened higher on expectations that the pending FOMC policy event will send the US Dollar continually lower. In the event price moves above .8900, this would signal the possibility of a fresh breakout above the R4 pivot point. In the event that price stays below this value, paired with potentially hawkish rhetoric from the fed, traders can begin looking for reversals of price back towards support.

A break in price back below range resistance at the R3 pivot, would signal a reversal to US Dollar strength. In this scenario traders can begin looking for a decline in the AUDUSD back to prices of support, starting with the S3 pivot at .8829. Conversely, a move blow today’s final value of support at the S4 pivot at .8805, would signal a larger price reversal on the creation of a new lower low back in the direction of the pairs primary trend. In this scenario, traders can take a breakout beneath support as a shift in the market, and begin looking to trade the AUDUSD’s new direction.

Are you new to trading with pivot points? To become more familiar with Camarill Pivots and how to use them for day trading FX Reversals, check out the suggested reading links below. This way you can continue your trading education, while working towards actively incorporating pivot points into your selected day trading strategy.

Suggested Reading:

The Pivot Point Cheat Sheet

Trading Intraday Market Reversals

Scalping with Pivot Points

CCI and Camarilla Pivots

---Written by Walker England, Trading Instructor

To Receive Walkers’ analysis directly via email, please SIGN UP HERE

To contact Walker, email

Contact and Follow Walker on Twitter @WEnglandFX.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.