Tag Archives: AUD/USD
FX Daily Majors
Today’s highlights: – USDJPY is on the cusp of our 99.86/100.00 next target – the 50% retracement of the 2007/2011 bear market.
Daily FX Technical Strategy: A yen for yield
As JPY weakness becomes increasingly pronounced, investors are searching elsewhere for higher yield in currency space. A chart of an equally weighted basket of AUD, NZD, and
Technical Alert
EURUSD is testing a wider short-term resistance zone at 1.3050-1.3135, USD/JPY is rushed into key long-term refs at 99.73-101.45. Some kind of profit-taking ought to emerge in this area.
AUD/USD Technical Analysis
(1,0433) The AUSSIE formed a positive day reversal yesterday after a 1,0350 undershooting where it found good support. The closing above the 200 days line could favour a higher retracement.
AUD/USD Analysis
The pair trading higher during Tuesday’s Asian session following the release of consumer price index and producer price index data out of China.
Asian Currencies Technicals
AUD/USD: Initial Support Confirms Significance. The pair briefly dipped below the 50% Fibo level yesterday before bouncing back towards initial resistance reinforcing the significance of the $1.0346-52 region.
FX Daily Majors
Today’s highlights: – USDJPY continues its dramatic surge higher and we stay bullish for 99.86/100 – 50% of the 2007/2011 bear market. An overshoot beyond here into the 101.27/103.10 zone now looks likely.
Daily FX Technical Strategy: EUR/JPY benefits from a positioning squeeze
The US nonfarm payrolls report catalysed an extension of the bullish rates move (US 10y yields) that has been unfolding since mid-March.
Asian Currencies Technicals
AUD/USD: Ends Last Week Below 200-DMA. The pair closed last week below the 200-DMA which adds weight to the bearish case but the pair now needs to take out the $1.0346-52 support region
Daily FX Technical Strategy: Rates beleaguer the USD
Erratic moves in JGBs and dropping US yields have turned the US dollar index uptrend more erratic.
FX VolT: Who’s buying, who’s selling
We are introducing a monthly report on price and volume trends broken down by the Asian, European, and US trading time-zones.
AUD/USD Technical Analysis
(1,0405) The AUSSIE confirmed a 1,0390 undershooting last night where it found good support by the 200 days line at 1,0389 that caused a decent rebound.
