Tag Archives: AUD/USD
Daily FX Wrap and Strategy
The NZD/USD has started the year on the front foot. It was the strongest performer of its peers on Friday night. It trades around 0.8280 this morning.
Daily Technical Report
EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.
AUD/USD Analysis
Aussie seeing solid stop activity through $0.8950 in thin trade as we approach the European open, as talk of continual corporate buying over the past two days has shorts in cover mode.
Asian Currencies Technicals
AUD/USD has again remained capped on bounces ahead of the 21-DMA. The aussie looks set for further sideways trading within a $0.8820-0.8955 range with a break lower seeing immediate focus shift to
Still looking for a $ rise. Sell the AUD bounce.
EUR/USD: The setup for a move lower is still in place with the falseupside break and bearish divergences in MACD andmomentum indicators (also 9 out of the past 15 Jan’sbecame losers).
AUD/USD Analysis
Aussie had a stronger day against most of the majors (the NZD being the exception, where it was close to flat), trading in a $0.8885 to $0.8926 range vs. the USD.
Asian Currencies Technicals
AUD/USD The move higher stalled ahead of the 21 day moving average and the falling daily channel top off Oct monthly highs.
Daily FX Update
EUR is the sole underperformer heading into the NA session, down 0.2% as all of the remaining currencies are up vs the USD. AUD is outperforming, followed by NZD and SEK as JPY, GBP and CAD show moderate strength.
Daily Technical Report
EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,
Daily Technical Report
EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.
Returning $ demand? AUD testing key levels, again.
EUR/USD: Even though we take into account a less liquid market thannormal, Friday’s price action, with the up-thrust peak abovethe prior peaks and 61.8% Fibo resistance,
AUD/USD Analysis
Another lackluster morning session for the aussie today, with players counting down to the new year and staying on the sidelines ahead of the New Year’s Day holiday on Wednesday.