Tag Archives: AUD/JPY

AUD/USD: Immediate Topside Pressure Relieved. The immediate topside pressure has been relieved a little with the break back below the Dec 13 low which increases the risk of a pullback to the $1.0442-46 region with the 21-DMA noted at $1.0446.

AUD/USD: Tests Upper Bollinger Band. Fresh nearly 3 month highs for the AUD/USD see the 21 day upper Bollinger band retested with spikes above expected until a close back below the 21-DMA is seen.

AUD/USD: Falls Short Of Initial Resistance. While the AUD/USD remains supported ahead of the $1.0429-42 region potential remains for a tests of the Sept monthly highs with a close above the $1.0518 level needed to kick start topside momentum.

AUD/USD: Inside Day To End The Week. The AUD/USD managed an inside day to end the week with the Dec 6 low remaining initial support to start the new week.

AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.

AUD/USD: Struggling To Take Out $1.0480-00 Region. The AUD/USD continues to pause ahead of the 21 day upper Bollinger band with numerous daily highs noted just ahead and daily tech studies correcting from moderately overbought levels.

AUD/USD: Potential For $1.0290-1.0310 In The Short Term. Fresh two week lows for the AUD/USD again overnight combined with the failure at the Nov 30 highs and correcting overbought slow stochastics increase the risk of a move lower that initially sees the $1.0290-10 region retested.