Tag Archives: AUD/USD
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
AUD/USD Analysis
Aussie continued to trade heavy this morning after yesterday’s sharp losses after Q1 CPI data and the HSBC China flash PMI. Aussie-dollar fell to a $0.9268 low last night in the US and started in Asia at $0.9291.
AUDUSD – wave-(4) correction targeting .9206/.9160
Our idea of a wave-(4) correction still stands but we have shifted in terms of degree; this pullback is likely countering the wave-(2) correction from February.
Daily FX Update
Australia’s softer inflation data, the euro area’s bal-ance of stronger preliminary PMI’s and concerns over a failed Russian bond auction have driven movement in AUD (weakness),
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3780 (22/04/2014 low, seealso the low of the declining channel).
FX Daily Majors
Today’s highlights: AUDUSD has fallen sharply overnight and we continue to look for a topping process following the move to our .9410/.9510 target.
The Global Macro Pulse
In G10 FX, AUDUSD has been the main mover, falling 1% to 0.9285 in response to weaker than expected inflation. EURUSD and USDJPY are little changed at 1.3818 and 102.55.
UBS Morning Adviser
Is NZD going down the AUD route already with its China exposure? Much has been made of the RBA’s China focus over the last few years.
AUD/USD Analysis
Aussie started today’s session at $0.9367 and spent the early hours of the session in a rather narrow $0.9361 to $0.9377 range. It continued to creep higher as Asian markets got underway,
Daily FX Wrap and Strategy
The NZD drifted higher alongside the AUD over the past24 hours, and sits 0.3% higher against the USD at 0.8600.A combination of improved risk sentiment and a steadybid tone for the AUD helped the NZD higher.
Daily FX Update
The USD is generally weaker leading into the NA session; however news flow has been light and markets are generally trading with recent ranges.
FX Daily Majors
Today’s highlights: GBPUSD holds in a high level range just below 1.6822/43. However, we stay bullish for a break higher to 1.6875, then the 1.7044 peak.