Tag Archives: AUD/JPY
Asian Currencies Technicals
A bearish key day reversal for the AUD/USD on Wednesday after the pair marginally traded above the 200-DMA for the first time since mid-April.
Asian Currencies Technicals
AUD/USD touched fresh 5 month highs with the mover higher spiking above the 50% Fibonacci retracement level and falling just short of the 200-DMA despite very overbought daily tech studies.
Asian Currencies Technicals
AUD/USD marginally traded at fresh 5 month highs yesterday before consolidating as the rising 21 day upper Bollinger band ($0.9656) caught up following the recent daily closes well above.
Australian Markets Weekly
The AUD The Aussie dollar more than held its ground during the US fiscal impasse and it has strengthened even further since the deal was done.
Asian Currencies Technicals
AUD/USD: The move to fresh 5 month highs sees immediate focus shift to the 200-DMA at $0.9762 with a close above the June 3 high needed to confirm a break of the 200-DMA.
FX Daily Strategist: Europe
Robust Q3 Chinese growth to bolster AUD rally China’s economy grew by 7.8% y/y in Q3, its fastest pace this year and in line with expectations.
Asian Currencies Technicals
AUD/USD: The move higher paused ahead of the targeted $0.9665 level, closing well above the sharply rising 21 day upper Bollinger band ($0.9575).
Asian Currencies Technicals
AUD/USD continues to head higher and again traded above the 21 day upper Bollinger band ($0.9547). A break back below the Oct 7 low remains needed to
Asian Currencies Technicals
AUD/USD took out the 38.2% Fibonacci level and spiked above the gently rising 21 day upper Bollinger band and Sept monthly high yesterday.
Asian Currencies Technicals
AUD/USD has taken out $0.9484 and is approaching the 38.2% Fibonacci level and 21 day upper Bollinger band.
Australian Markets Weekly
Labour market holding: Buys more wait time for RBA * Australia’s unemployment rate trend steady at 5¾%
Asian Currencies Technicals
AUD/USD: The $0.9484 level confirmed as initial resistance on Friday with the pair remaining capped at this level following Thursday’s bounce from the 21-DMA ($0.9395).