Tag Archives: AUD/USD
No change from G20: G4 currencies stay weak
As we’d expected, the weekend G20 statement contained no real news. It would certainly have been surprising had it singled out Japan as already pursuing over-aggressive
FX Daily Majors
Today’s highlights: – EURUSD: Poised at the 1.3310 38.2% Fibonacci retracement support level. Whilst above the risk is for a more immediate recovery back through 1.3432 to 1.3521/78.
FX Daily Majors
Today’s highlights: – EURUSD: Gaining traction at 1.3310, the 38.2% retracement. Through 1.3394 initial resistance allows for a rebound back towards 1.3521.
Asian Currencies Technicals
AUD/USD: Focus Turns Lower Once More. The pair failed to retest the Feb 6 high resistance last week with the sharp correction lower seeing the Oct monthly lows at $1.0150 become the overall focus once more.
FX Daily Majors
Today’s highlights: – EURUSD: Decline continues with the market probing flagged support at 1.3310. We see scope for a break below here to challenge 1.3197 medium-term trendline support.
Asian Currencies Technicals
AUD/USD: Oversold Tech Studies Correcting. The AUD/USD is little changed from yesterday’s NY close with a retest of the Jan 30 high favoured while the pair remains above the Feb 13 low.
FX Daily Majors
Today’s highlights: – EURUSD: Failure at 1.3521 results in reversal lower, in turn keeping the corrective phase alive for now. Risk now back to 1.3329/10 once again, and below targets 1.3180.
Asian Currencies Technicals
AUD/USD: Layers Of Resistance $1.0578-1.0624. The close back above yesterday’s initial resistance level removes the immediate downside pressure and
FX Daily Majors
Today’s highlights: – USDJPY: Failing within the 95.00-94.13 key resistance zone, after the market finds a cap at 94.45. The focus shifts lower to 91.98, and then 90.33.
Technical Alert
EURUSD added some gains yesterday, but there is more resistance to conquer at 1.3484\93 & at 1.3597 to turn the picture convincingly bullish.
AUD/USD Technical Analysis
(1,0237) The AUSSIE confirmed a weak closing while remaining interior the positive key outside day with 1,0360 – 1,0245 the levels to follow.
FX Daily Majors
Today’s highlights: – EURUSD: Focus remains immediately lower to 1.3310. A break below here targets the 1.3257/64 support zone and then trendline support at 1.3180, which should hold.