Tag Archives: AUD/JPY
Asian Currencies Technicals
AUD/USD has traded at fresh 2014 highs and the highest level since mid-Dec. Immediate focus is on a continuation higher that initially targets the key 200-DMA with a close above last seen in Apr 2013.
Asian Currencies Technicals
Higher daily high and low for the AUD/USD on Wednesday has eased the bearish pressure a little but bulls will be looking for a close above the $0.9001 resistance level to see immediate focus shift to
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8982) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
Asian Currencies Technicals
AUD/USD continues to consolidate last week’s break and close below the 21-DMA ($0.8973) with bulls looking for a close above the Feb 28 high to confirm a break back above the 21-DMA and
Australian Markets Weekly – Investment outlook poor, still relying on exports
Poor capital expenditure data last week highlighted the business investment challenge that lies ahead for Australia. Some growth is expected in the non-mining sectors in 2014-15,
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level last week the aussie headed lower with the pair closing below the 21-DMA ($0.8966) and
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level earlier this week the AUD/USD headed lower with the pair dipping below both the 21-DMA ($0.8960) and
Asian Currencies Technicals
After having again failed to take out the key $0.9085 resistance level the AUD/USD has headed lower once more with the 21 and 55-DMA’s in the sights.
Asian Currencies Technicals
AUD/USD bounced from just short of the 21 and 55-DMA’s to start the new week after dipping into the $0.8910-53 support region. The $0.9085 resistance level remains key resistance this week with
Asian Currencies Technicals
AUD/USD has bounced from just short of the 21 and 55-DMA’s to start the new week after dipping into the $0.8910-53 support region. The $0.9085 resistance level remains key resistance this week with a close above needed to
Australian Markets Weekly – The big picture for Australia ahead
Recent data has continued the positive tone evident since Christmas. Market now expects the next move in the cash rate to be up but the first full 25bps is not factored in until June 2015.
Asian Currencies Technicals
Last week’s repeated attempts to head higher remained capped ahead of the 38.2% Fibo and Jan monthly high with the pair ending the week marginally above the rising daily channel base ($0.8953).