Technical Analysis

Aussie Currencies Technicals

The recovery from 2014 lows continues to hesitate around the 21-DMA with

Fresh 2014 lows Tuesday see bears firmly focused on the $1.2042 2012 low. O/S daily studies and

Recent hesitation ahead of the 2010 low has now resulted in a bounce that has

EURUSD: With yesterday’s short up tic holding well below both the 1.2221 and

Fresh 2014 lows continue for the EUR/USD with bears firmly focused on

Recent hesitation ahead of the 2010 low resulted in a bounce to start the new week with

EURUSD: Despite the move down to a fresh trend low indicators such as MACD and

Layers of resistance remain in the $1.2226-1.2302 region with bulls needing a

USD/SGD is hesitating a little following fresh 2014 and 4+ year highs last week with

Continued hesitation ahead of the $0.8068 2010 low resulted in a break of the short term

Layers of resistance remain in the $1.2226-1.2302 region with bulls needing a close above

Immediate pressure remains on the $0.8068 2010 low with bears favouring a break lower