Tag Archives: AUD/USD
Asian Currencies Technicals
The AUD/USD marginally dipped below the 21-DMA ($0.9004) again on Friday before bouncing to retest the 100-DMA. The move below Friday’s low to
Weekly Economic & Financial Commentary
U.S. Review Is That Spring in the Air? · Retail sales rebounded after two straight months of declines,
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.
Daily Technical Report
EUR/USD completely reversed yesterday’sstrength, warning of a potential false breakout ofthe strong resistance at 1.3893.
The Global Macro Pulse
The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.
UBS Morning Adviser
Reserve growth is slowing, but it’s not helping the dollar One of the anticipated transmission mechanisms for dollar strength arising from
AUD/USD Analysis
The Aussie opened at $0.9031 in Asia and witnessed a vain attempt at a small recovery right at the start of the day, reaching $0.9042 before it was turned back.
Asian Currencies Technicals
AUD/USD broke sharply above the $0.9000 level yesterday with the move initially heading above the 100-DMA before dipping given back most of the gains above the $0.9000 level which is seen as pivotal.
Daily FX Update
Growth currencies are outperforming and the USD is broadly weaker as we approach the NA session, as market participants take confidence in the stronger than expected employment release from Australia and
FX Daily Majors
Today’s highlights: EURGBP above .8351 has seen a base established, and we target .8392 initially, then the 200-day average at .8426.
Daily Technical Report
EUR/USD has moved above the strongresistance at 1.3893. The technical configurationis positive as long as the support at 1.3834(11/03/2014 low) holds. An initial support lies at1.3896 (intraday low).
The Global Macro Pulse
The antipodeans have dominated G10 FX price action. NZDUSD rallied to 0.8520 following the RBNZ’s rate hike and hawkish statement only to get a further leg up to 0.8562 from the AUDUSD.