Tag Archives: AUD/USD
Daily FX Technical Strategy – Gold through the FX monocle
Consecutive weeks of strong selling in gold are symptomatic of a stronger US dollar more than a gauge of risk and liquidity. When plotted in the weaker currencies of 2013,
FX Daily Majors
Today’s highlights: – GBPUSD has collapsed sharply again overnight and we look for further weakness to 1.4873/53.
Asian Currencies Technicals
AUD/USD: $1.0220-1.0374 Range For Now. The pair ontinues to whip around in the recently defining $1.0220-1.0374 range with layers of support noted in the $1.0200-20 region and
FX Daily Majors
Today’s highlights: – EURUSD: Attempting to rebound from 78.6% Fibonacci retracement at 1.3151. Above 1.3291 however is required to signal a base for 1.3435 resistance.
FX Daily Strategist: Europe
– Uncertainty ahead of Monday’s Italian election will keep USD support today Uncertainty ahead of Monday’s Italian election outcome will likely see USD better supported today.
Daily FX Technical Strategy – Fuel for the USD bulls
The bearish EUR/USD readings are catching pace. Although the larger uptrend is still supported, the risk is that broader USD strength can drive this cross lower in range.
AUD/USD Analysis
In Asian trading Friday, AUD/USD jumped 0.49% to 1.0320. On Thursday, Stevens hinted that the central bank is comfortable with Australian interest rates as they currently stand and
FX Daily Majors
Today’s highlights: – GBPUSD: Dramatic plunge through key medium term range support zone at 1.5233/68/74.
Asian Currencies Technicals
AUD/USD: Focus Firmly On Lower Levels. The pair failed ahead of the layers of resistance in the $1.0374-98 region and has corrected sharply lower,
FX Daily Majors
Today’s highlights: – NZDUSD: Unexpected reversal lower sees the market prod below .8395. The focus now shifts lower to the .8329 trendline support, then to the .8309/.8295 support zone.
AUD/USD Analysis
The AUD was little changed against the USD on Wednesday after data showed that Australian wages grew in line with expectations in the fourth quarter.
Asian Currencies Technicals
AUD/USD: Above $1.0398 Needed To Shift Focus Higher. The AUD/USD has bounced back towards initial resistance with the 21-DMA noted just above ($1.0387).