Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD: Focus Turns To 21-DMA. COMMENTARY: The AUD/USD has closed above the $1.0467 resistance level, albeit marginally,
Asian Currencies Technicals
AUD/USD: $1.0370-80 Holds On First Attempt. The pair managed fresh 4 week lows to start the week, pausing just ahead of the initial $1.0370-80 support region mentioned yesterday.
AUD/USD Technical Analysis
(1,0399) The AUSSIE confirmed on Friday another weak closing well below the low of the previous session. The weekly closing was also weak!
FX Daily Majors
Today’s highlights: – EURUSD: Decisive breakout above 1.3404 exposes the 1.3487/93 resistance zone. Above here allows for the upward trend to continue higher for 1.3835 retracement resistance.
AUD/USD Analysis
The Australian dollar edged lower against its U.S. counterpart on Monday, but sentiment remained supported amid fresh hopes of progress in tackling the debt crisis in the euro zone.
FX Daily Strategist: Europe
– Still plenty of upside for the EUR The rally in the EUR continues to draw support on several fronts. The ECB announcement that banks will repay EUR 137.2bn of the first LTRO tranche on January 30 was on the high side of market expectations.
Asian Currencies Technicals
AUD/USD: Jan 25 High Key Resistance Today. The move lower continues for the AUD/USD with a bearish close to end last week in NY and the lowest levels seen in 3 weeks.
FX Daily Majors
Today’s highlights: – EURUSD: Probing the key range resistance zone at 1.3398/1.3404 after the rebound higher from 1.3264. We highlight however that a clear break above 1.3404 is needed for 1.3487/93.
Global Technical Watch – Scarce direction
FX markets are mixed with the USD torn between strength against the JPY and weakness against the EUR. Meanwhile, commodity currencies continue to lose ground:
AUD/USD Technical Analysis
(1,0460) The AUSSIE confirmed a weak closing well below the support of the inside day at 1,0480 suggesting further weakness. In the s/t however we expect a rebound,
Asian Currencies Technicals
AUD/USD: 100-DMA Now Initial Focus. Following the repeated failures in the $1.0570-80 region for the past two weeks the AUD/USD has finally broken lower as daily tech studies correct back to more neutral levels.
FX Daily Majors
Today’s highlights: – USDCAD: Market completes a medium-term double bottom base through .9975. We see scope for the market to rally substantially higher now to 1.0136, then 1.0273.