Tag Archives: AUD/USD
FX Daily Majors
Today’s highlights: NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.
The Global Macro Pulse
The USD strengthened modestly with EURUSD edging lower to 1.392 and USDJPY rebounding to 101.55. AUD has eased slightly to 0.912.
UBS Morning Adviser
USDCNY trades 1% above official fixing for first time CNH and onshore CNY continued to weaken against USD as investors remained cautious about stops and potential unwinds of structured USDCNY shorts.
Asian Currencies Technicals
AUD/USD bounced from just ahead of the $0.9050 hourly support level on Tuesday with the move to fresh 2014 and 3 month highs seeing the pair on track to retest the 200-DMA.
Daily FX Update
The market continues to digest developments in Ukraine and the international reaction, including US and European sanctions. Entering tomorrows FOMC meeting,
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high), and hasshifted into a consolidation pattern.
FX Daily Majors
Today’s highlights: AUDUSD spotlight turns again to key resistance at .9136/50, but with a break above here needed to reinforce thoughts of a base.
UBS Morning Adviser
A risk shock could potentially expose valuation concerns Governor Mark Carney lays out the BoE’s long-term strategic plan today.
AUD/USD Analysis
Aussie started this morning at $0.9087 and spent the initial few hours of the day shuffling between $0.9080 and $0.9090 as the market waited for the RBA minutes to be released.
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
AUD/USD Analysis
The pair took out Friday’s low ($0.8996) in early trading to start the new week, and then recovered from its earlier low of $0.8994 to $0.9024 earlier.