Tag Archives: AUD/USD
US QI GDP disappoints. Global equities mixed. AUD at USD1.0275.
The US economy grew at a 2.5% annual pace in the March quarter, short of forecasts for 3.0% annualised growth. But the final reading of consumer sentiment for April printed at 76.4,
Asian Currencies Technicals
AUD/USD: $1.0358-99 Region Remains Key Resistance. The $1.0358-99 region remains key resistance for the AUD/USD this week with the 200-DMA ($1.0397),
FX Daily Majors
Today’s highlights: – GBPUSD has staged an remarkable rally above 1.5413/23, allowing the recovery to extend to the channel highs at 1.5555 where we would look for a fresh attempt at a top.
Daily FX Technical Strategy: The ceilings into end of week
Into the end of week, several markets such as USD/JPY, the S&P 500, and US 10y yields are ranging just beneath important topside areas.
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
AUD/USD Technical Analysis
(1,0310) The AUSSIE confirmed a correction but the closing last night was still weak below 1,03!! However, while above the 200 hours line at 1,0301 we expect another attempt on the upside.
US shares & USD up, yields flat. AUD at 1.029.
Major currencies fell against the US dollar. Weak Spanish data added to speculation of a further ECB rate cut. The Euro eased from highs near US$1.3095 to around US$1.2995 before
Asian Currencies Technicals
AUD/USD: Layers Of Resistance Likely To Slow Attempts Higher. Layers of resistance remain for the AUD/USD within the $1.0358-02 region including the 200-DMA ($1.0389),
FX Daily Majors
Today’s highlights: – NZDUSD above .8512 turns the focus back to the .8678/85 highs.
AUD/USD Technical Analysis
(1,0316) The AUSSIE is confirming a nice correction that already favoured a retest of the 200 hours line at 1,0310; while above this line we expect an extension of the correction toward 1,0350 if not even 1,04,
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.