Tag Archives: AUD/USD
AUD/USD Analysis
The AUD is trading lower during Monday’s Asian session following news that the Cyprus postponed a key debate pertaining to a controversial levy on the country’s bank deposits.
FX Daily Majors
Today’s highlights: – EURUSD: Failure at trendline resistance and subsequent break below 1.2961 exposes our key support zone at 1.2890/76/65. We continue to expect this to hold.
AUD/USD Technical Analysis
(1,0371) The AUSSIE confirmed yesterday a session of consolidation forming a new inside day with 1,0350 – 1,0255 the levels to follow in the coming hours.
AUD/USD Analysis
AUD/USD surged 0.69% to 1.0381. The Aussie moved higher after after the Australian Bureau of Statistics said that Australian unemployment rate remained unchanged at a seasonally adjusted 5.4%. Analysts expected a February reading of 5.5%.
AUD/USD Technical Analysis
(1,0328) The AUSSIE confirmed a strong closing last night suggesting further upside potential toward the 200 days line, now find at 1,0358!!
Asian Currencies Technicals
AUD/USD: Focus Turns To Layers Of Resistance $1.0374-98. The close above the previous $1.0298 resistance level sees focus return to the layers of resistance in the $1.0374-98 region which include the 100-WMA ($1.0389),
AUDUSD – bullish hammer reversal followed by bull flag
The March 4th bullish hammer in AUD is a significant low not only because of the strong reversal at the 50% retrace level but also because it registered a break and subsequent rally back above key support.
FX Ringside
Of course, one of our most important tasks is to provide clients with accurate short- and mediumterm FX forecasts.
FX Technical Thoughts
EURUSD – With the MACD below its zero line, reflecting bearishness, focus is on the momentum tools as a closing cross lower would reinforce the bearish theme.
Daily FX Technical Strategy: Looking outside the EUR/USD range
Although USD buying has been a developing theme of late, this phenomenon is far from indiscriminate. USD/MXN completed a Bear Flag and is trading beneath its 2012 lows.
Asian Currencies Technicals
AUD/USD: Above Mar 6 High Needed To Shift Focus Higher. The pair continues to trade in a choppy fashion with the Mar 6 highs remaining initial resistance and
Daily FX Technical Strategy: Additional USD boost
While the US dollar index completed a basing pattern a few weeks ago, the recent bearish move in US rates (through 2.07%) is further catalysing a USD bid.