Tag Archives: AUD/USD
FX Market Analysis
The dollar remained higher against the euro on Wednesday as safe haven demand was underpinned ahead of Thursday’s European Central Bank meeting,
FX Daily Majors
Today’s highlights: – EURUSD: Whilst capped by 1.3711/27 resistance the risk remains lower to 1.3310, and potentially then 1.3180.
Daily FX Technical Strategy – AUD dragged down under
While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.
Technical Alert
EURUSD is back in a no-mans land. Firmly outside 1.3502-1.3598 is needed to show a directional tilt… EURJPY may test, but not easily break 127.95…
AUD/USD Technical Analysis
(1,0335) The AUSSIE formed a negative outside day with 1,0470 – 1,0360 the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: Looking A Little Heavy. The pair is looking heavy to start the Asian session today following another failed attempt to challenge the Jan 30 resistance level despite the initial spike higher yesterday.
AUD/USD Analysis
The aussie is lower at $1.0386 vs early Sydney $1.0402 as the currency turned weak in the last couple of hours, after managing to rebound from an overnight low of $1.0368.
FX Daily Majors
Today’s highlights: – EURUSD: Near-term top in place. We expect further weakness back to 1.3439/14 and then below here to the 38.2% Fibonacci retracement of 1.3310.
Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets
The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.
Asian Currencies Technicals
AUD/USD: Jan 30 High Key Resistance. The AUD/USD continues to struggle topside with lower daily highs the past three days following last week’s fresh 4 weeks lows.
AUDUSD – 1.0486 key to confirming bullish reversal
Since Augusts high, Aussie has been consolidating between 1.01-1.06 in choppy overlapping trade. Based on the large triangle that has formed since July 2011,
FX Daily Majors
Today’s highlights: – EURUSD: Resistance found at 1.3711. We envisage a correction back to trendline support located now at 1.3490.