Tag Archives: AUD/USD

AUD/USD Analysis

After having failed to retest the $0.8469 resistance level Thursday the AUD was looking a little heavy heading into the NY close.

Today’s highlights: USDJPY spotlight stays on our core 120.00/10 target,

After its overnight rally, the USD is marginally stronger against the major currencies in Asia.

EUR/USD has resumed its underlying downtrend by breaking to

The pair opened at $0.8405 this morning, just above the US session low of $0.8397,

The focus into the open is the significant USD rally that has driven most majors to fresh lows;

EUR/USD is testing the low of its horizontal range defined by the support at 1.2358 and

Today’s highlights: EURUSD spotlight stays on the 1.2359/58 range lows.

Weaker than expected GDP growth pushed AUDUSD down to 0.8405.

Another day of fresh AUD weakness this morning in the Asia-Pacific, following some unexpectedly downbeat data out earlier.

Markets are mixed into the open with higher equity markets, lower bond yields and a generally strong USD.

EUR/USD: Is unlikely to move much ahead of the ECB decision on Thursday and US payrolls on Friday.