Tag Archives: AUD/USD

Daily FX Technical Strategy: Escape routes for the USD Index

Ahead of FOMC, the market has recently cleared bullish USD risk on several crosses and the USD Index is now back on multi-month range lows.

FX Daily Majors

Today’s highlights: – NZDUSD’s extension through .8164/83 reinforces a base for .8297.

The Global Macro Pulse

Overnight Price Action The Nikkei has rallied 2.1% and S&P futures are up slightly, but most other Asian equity markets are down slightly.

AUD/USD Technical Analysis

(0,9349) The AUSSIE confirmed a session of consolidation forming a new inside day with 0,9410 – 0,9235 the levels to follow in the coming hours.

UBS Morning Adviser

Conditioning Expectations Expectations for what and how the Fed can deliver its tapering decision are maturing.

Asian Currencies Technicals

AUD/USD is pausing ahead of the 100-DMA and Monday’s high with the pair closing above the 21-WMA ($0.9347) for the first time since April.

The Global Macro Pulse

Asian equity markets have generally given up some of yesterday’s gains despite the S&P rising 0.6% overnight.

FX Daily Majors

Today’s highlights: – EURGBP maintains a top beneath .8398 and we stay bearish for .8285 next, then .8165/55.

AUD/USD Technical Analysis

(0,9315) The AUSSIE confirmed a strong closing but it failed to confirm the break above the resistance of the negative outside day at 0,9365.

Downside hesitation in many dollar-crosses

EUR/USD: A late topside rejection yesterday shows topside hesitation. The relatively low session close may spill into sentiment today and trigger a 1.3275-1.3255 re-test.

UBS Morning Adviser

Seeking Fed Fades The past 48 hours of news-flow from the US have suddenly cast Fed expectations in a new light.

RBA Board Minutes – September 2013

* The RBA have maintained their easing bias. Further changes to the cash rate are data and AUD dependent.