Tag Archives: AUD/USD
Weekly Economic & Financial Commentary
U.S. Review Still on Track • Nonfarm payrolls rose by 175,000 in February as employers looked past the nasty weather of late.
Forex Weekly Report
CHF Strength Not all About Risk Aversion Despite its widely projected demises, the CHF has appreciatedsignificantly for most of the year.
Daily Technical Report
EUR/USD surged higher yesterday and is nowchallenging the strong resistance area between1.3832 (25/10/2013 high, see also the long-termdeclining trendline) and 1.3893.
FX Daily Majors
Today’s highlights: AUDUSD’s break above .9078/87 confirms a bullish “reverse head & shoulders” base, to target .9168/70 initially.
The Global Macro Pulse
G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.
UBS Morning Adviser
Fed’s Threshold Beckons UBS economics expects the US unemployment rate to fall to 6.5% today,
OZ more upside potential, EUR/NOK bullish turn
EUR/USD: The break above 1.3782 certainly got the bulls chargingahead breaking and closing above the 2008 top line as wellas outside the 55d Bollinger bands.
AUD/USD Analysis
The Aussie rose last night, taking out a previous key resistance level at $0.9085 on its way to an eventual high of $0.9113, the highest level traded since Dec 11 2013, when it peaked at $0.9153.
Asian Currencies Technicals
AUD/USD has traded at fresh 2014 highs and the highest level since mid-Dec. Immediate focus is on a continuation higher that initially targets the key 200-DMA with a close above last seen in Apr 2013.
Daily FX Update
Markets have carried over from yesterday; with equities rallying (S&P reached a new high yesterday); the US 10‐year shifting higher (now up to 2.72%); volatility lower and the USD generally weaker.
FX Daily Majors
Today’s highlights: AUDUSD breaks its short-term downtrend, maintaining thoughts of a base, with a break above .9078/87 needed to confirm.
Daily Technical Report
EUR/USD has recently weakened near its keyresistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893.