Tag Archives: AUD/USD
AUDUSD – wave-iv pullback targets a retracement zone b/w .9227 to .9145
The triple divergence between price and momentum corroborates our wave count indicating that 5-waves up from .8995 are complete.
Daily FX Update
Markets are adding to risk as Asian and European data suggest that global growth trends are improving, albeit slowly. The USD is mixed; with softness in those currencies who had disappointing domestic events
Daily Technical Report
EUR/USD is bouncing near the support at1.3708. However, the declining trendlinecontinues to favour a bearish bias. An hourlyresistance for a short-term bounce can be foundat 1.3847 (25/03/2014 high). Another resistancelies at 1.3876.
The Global Macro Pulse
Among the majors, AUDUSD rose to a high of 0.9304 before easing off to 0.9267 after the RBA statement (see below).
USD/JPY testing resistance (103.77/91). AUD/USD should move lower
EUR/USD: The market hunted both high and low yesterday, butwithout getting traction either direction. A small near-termbullish tilt persists while holding above 1.3763.
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),
AUD/USD
Aussie opened at $0.9264 this morning and edged higher in the early hours of the session, touching $0.9276 before the start of the Japanese stock market session.
Daily FX Update
Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and
Daily Technical Report
EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).
FX Daily Majors
Today’s highlights: USDJPY above its 55-day average at 102.55/69 keeps the bias higher in the range to 103.64/76.
The Global Macro Pulse
EURUSD and USDJPY are flat to Friday’s New York closes at 1.3750 and 102.88 respectively, but AUDUSD nudged lower to 0.9233. EM Asia FX opened stronger against the dollar,
EUR/JPY bullish response. NOK/SEK s/t stretched.
EUR/USD: Friday’s break down into the 55d ma band was soon rejectedand we ended the day more or less unchanged with spikeson both sides showing kind of a balance reached.