Tag Archives: AUD/USD
Daily FX Technical Strategy: NZD flies on QE
The BoJ’s quantitative easing has led to an accelerated search for yield elsewhere. In A yen for yield, we highlighted the bullish risks for NZD, AUD, and MXN against the JPY.
FX Daily Strategist: Europe
– Weaker JPY trend to persist USDJPY is inching closer to the 100 level, while JPY crosses continue to perform strongly (EURJPY at early 2010 highs, AUDJPY close to pre-crisis 2007 peaks).
FX Daily Majors
Today’s highlights: – USDJPY has achieved our 99.86/100.00 target – the 50% retracement of the 2007/2011 bear market. This should be allowed to cap at first, ahead of a move to 101.27/103.10.
AUD/USD Technical Analysis
(1,0517) The AUSSIE confirmed another strong closing last night near the top of the session suggesting further upside potential toward the 1,06 area!
AUD/USD Analysis
The pair is trading lower by 0.3% at 1.0504 in Thursday’s Asian session following news of a surprisingly weak Aussie jobs number.
Asian Currencies Technicals
AUD/USD: Initial Support Seen At Yesterday’s Low. The pair continues its move towards the layers of resistance in the $1.0578-1.0624 region with a bullish NY close just below the session highs.
FX Daily Strategist: US
– Fade the FOMC minutes, sell the USD vs. commodity bloc Tonight’s FOMC minutes release will almost certainly sound hawkish as they had done in January in February, with most of the US data having surprised positively on the month.
Daily FX Technical Strategy: Three focal points
In the west, the S&P 500 is inching towards its all-time high, but in the east, geopolitical tensions remain a focus, with USD/KRW trading close to its multi-year channel high.
FX Daily Strategist: Europe
– USDJPY – a breather before new highs USDJPY has been consolidating but the dip below 99.00 proved to be relatively short-lived and we still believe that the test of 100 is in the cards over the coming days.
AUD/USD Technical Analysis
(1,0500) The AUSSIE confirmed a strong closing above the top of the previous session confirming therefore the positive day reversal.
Technical Alert
EURUSD sniffing at the high end (1.3050/3135) of the outlined correction potential, USDJPY congestion whereas EURJPY & AUDJPY steaming on,
Asian Currencies Technicals
AUD/USD: Focus Turns To Layers Of Resistance $1.0578-24. The pair managed fresh 2 month highs overnight before pausing at the 21 day upper Bollinger band.