Tag Archives: AUD/USD
AUD/USD Technical Analysis
(1,0525) The AUSSIE is still confirming further consolidation interior the big inside day with 1,0615 – 1,0480 still the levels to follow in the coming hours.
Asia FX
The release of slightly better than expected Chinese economic data helped lift risk assets marginally in Asian trade Friday but these were subsequently reversed as players consolidated positions ahead of the weekend.
Asian Currencies Technicals
AUD/USD: $1.0578-98 Region Remains Key Topside. The pair managed a spike towards the 21-DMA overnight but the bounce into the NY close helps relieve a little of the bearish pressure.
Americas FX Daily
Risk rallies on Spanish auction outcome What happened overnight – Spain issued bonds successfully, yet at lower bid to cover ratio – Australia employment disappoints
FX Daily Majors
Today’s highlights: – EURUSD: Continuing to hold support at 1.3249 for now. We continue to expect the market to rebound higher from here back through 1.3404 to challenge 1.3487 initially.
Daily FX Technical Strategy – Pounding GBP
UK 10-year yields closed at their lowest level so far this year and confirmed a small reversal pattern. Relative outperformance of UK bonds is helping to keep GBP under pressure.
Technical Alert
Not terrible eventful overnight…. AUD losing some ground and JPY a tad weaker. EURUSD worked its way into a broader support zone yesterday and bias hence remains for more losses,
AUD/USD Analysis
The Australian dollar dropped to a six-day low against its U.S. counterpart on Thursday, after the release of tepid Australian employment reports,
AUD/USD Technical Analysis
(1,0511) The AUSSIE is still confirming further consolidation interior the big inside day with 1,0615 – 1,0480 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: Choppy Sideways Trading. The pair continues to trade sideways in a choppy fashion but needs to close back above the double daily top at the $1.0598 level to kick start bullish topside momentum.
FX Daily Majors
Today’s highlights: – EURUSD: Market continues its correction lower, bringing the market through 1.3300/09 pivot support towards our retracement target of 1.3249.