Tag Archives: AUD/JPY
Asian Currencies Technicals
AUD/USD: the correction lower following the failures in the $0.9315-43 resistance region has paused just ahead of the 21 day lower Bollinger band and the July 15 low.
Asian Currencies Technicals
AUD/USD has again failed ahead of the $0.9315-43 resistance region with the immediate focus firmly on the $0.9128 July 25 low.
Australian Markets Weekly
There are many ways to dissect the CPI data. In fact as one analyst said to me on Thursday, “…you could make those numbers support any story you like about inflation and the RBA”.
Asian Currencies Technicals
AUD/USD – the $0.9315-43 region remains key resistance again this week with a close above the $0.9343 level needed to shift focus from retests
Asian Currencies Technicals
AUD/USD found support ahead of the 21-DMA to start the week as it again works its way higher towards the $0.9303-43 region that is noted as key resistance.
Australian Markets Weekly
It has been a topsy-turvy week for short end interest markets. Last Monday the market had a 68% chance of a rate cut in August priced in.
Asian Currencies Technicals
AUD/USD managed an inside day on Friday after failing ahead of the $0.9303-43 region and this region remains key to the direction for the pair this week.
Asian Currencies Technicals
AUD/USD paused ahead of the July 11 high overnight before closing below the previous day’s NY close.
Asian Currencies Technicals
AUD/USD continues to head back towards the key $0.9343 resistance level with the pair having closed above the 21-DMA for the first time since mid April.
Asian Currencies Technicals
AUD/USD managed to bounce off lows to start the week but has remained capped at the $0.9120 level after a couple of attempts to head higher.
Australian Markets Weekly
How low does the CPI have to be for the RBA to cut? This question came up late last week after the poor Labour Force report,
Asian Currencies Technicals
AUD/USD plunged to fresh nearly 3 year lows and remains on track for our current target at $0.8771.