Tag Archives: AUD/JPY
Asian Currencies Technicals
AUD/USD: Spikes Below Lower Bollinger Expected. Friday’s move lower pulled up just short of the 21 day lower Bollinger band before recovering a little lost ground into the close.
Asian Currencies Technicals
AUD/USD: Overall Focus Now On Oct Monthly Lows. The pair has taken out the previously mentioned $1.0330-80 support region with the close below the 21-DMA, 100-DMA, rising daily channel base and Ichimoku cloud now shifting overall focus to retests of the Oct monthly lows.
Asian Currencies Technicals
AUD/USD: Layers Of Support Back In Focus. The AUD/USD reversed sharply from a spike above the 21 day upper Bollinger yesterday and put in a bearish key day reversal, but this means little until the pair takes out layers of support in the $1.0330-80 region.
Asian Currencies Technicals
AUD/USD: Focus Remains Topside For Now. AUD/USD has taken out initial resistance at $1.0440 with a close above needed to maintain focus on the rising daily channel top around $1.0545 and then Sept monthly highs above.
Asian Currencies Technicals
AUD/USD: Bounces From Key Support Region. The $1.0330-50 region remains key support with the AUD/USD bouncing back towards the Nov 7 and 8 highs to start the week.
Asian Currencies Technicals
AUD/USD: Test Of Key Support Region Likely. The $1.0330-50 region remains key support with a close below expected to see stops triggered and focus turn to tests of the Oct monthly lows.
Asian Currencies Technicals
AUD/USD: Ends Session Looking Heavy. AUD/USD is looking a little heavy with an increased likelihood of a dip back towards layers of support in the $1.0330-50 region with the 21-, 100- ($1.0351) & 200-DMA’s ($1.0333) clustered in this region as well as a double daily bottom ($1.0332-34).
Asian Currencies Technicals
AUD/USD: $1.0330-50 Region Key Support. Fresh 4 week highs for the pair yesterday with initial support now seen at $1.0418, although the $1.0330-50 region remains key with 21, 100 ($1.0347) & 200-DMA’s ($1.0335) clustered in this region as well as a double daily bottom ($1.0332-34).
Asian Currencies Technicals
AUD/USD: Focus Turns To Sept Monthly Highs. The close above Friday’s highs sees overall focus turn to retests of the Sept monthly highs.
Asian Currencies Technicals
AUD/USD: Lower Levels Remain Favoured. The pair recovered a little lost ground yesterday but currently remains capped at the $1.0370 level and needs to close above Friday’s highs to return focus to retests of Sept monthly highs.
Global Technical Watch – A stubborn bid in USD/JPY
Heading into NFP and the US presidential election, uncertainty in the markets is likely to keep EUR/USD range bound. The market is in the middle of a 1.2800/30 to 1.3025 range and lacking meaningful traction.
Asian Currencies Technicals
AUD/USD: Testing Oct 18 Highs. The AUD/USD managed to come within a pip of the Oct 18 highs with a close above needed to maintain overall bullish focus and keep hopes of a retest of the Sept monthly highs alive.