Tag Archives: AUD/USD
Asia FX
The euro rose to its highest in almost 11 months Monday morning in Asia, with the absence of Japanese markets today allowing euro bulls to shine amid a continued improvement in sentiment toward the single currency.
Asian Currencies Technicals
AUD/USD: Jan 9 Lows Key Support For Now. The pullback from ahead of the 21 day upper Bollinger band on Friday has seen a double daily top develop and helped to relieve the topside pressure a little,
AUD/USD Analysis
The aussie is higher at $1.0546 vs $1.0532 close last week, after moving lower on Friday when it failed to break past the $1.0600 mark and eased in line with weakness in commodities and lack-luster equities.
FX Daily Strategist: US
– EURUSD rally can extend further; stay long EURCHF and long EURSEK We expect the EUR to remain supported following the shift in rhetoric during Thursday’s ECB press conference.
FX Daily Majors
Today’s highlights: – EURUSD: Expected recovery higher brings market back towards initial target resistance at 1.3300/09. We expect a breakout above here and extension higher to 1.3487/93.
Daily FX Technical Strategy – Risk-on and decompression
In the first full week of 2013 it is becoming clear that the collective investor mindset is changing. Volumes that we have seen in FX markets are at their highest for a year.
Global Technical Watch – Optimism on the rise
Small caps and the Dow Transports leading US equities higher is an encouraging bullish sign. Across various assets, markets are responding positively, and even low-volatility currency pairs, such as AUD/USD, are now pressing onto important resistance near range highs.
FX Daily Strategist: Europe
– Hawkish ECB supports further EURUSD gains; stay long EURCHF on news of negative Swiss rates EURUSD rallied on the back of a change in rhetoric at the ECB monetary policy announcement.
AUD/USD Technical Analysis
(1,0567) The AUSSIE confirmed a strong closing last night but it still failed to move higher finding good resistance at 1,06. Only a daily closing above 1,0625 will support higher levels, probably toward 1,0850.
Asian Currencies Technicals
AUD/USD: Sept Monthly Highs Now Targeted. COMMENTARY: The pair has traded at the highest level in four months with the Sept monthly high now firmly in focus.
FX Daily Majors
Today’s highlights: – EURUSD: Correction back towards 1.2998/85 key support zone continues for now. We look for a rebound higher from here and still target back to 1.3190, and then 1.3300/09.
Euro in focus on ECB/ Spanish debt auction
Today is all about resolving the tension between the still relatively weak Euro currency while other indicators show strong optimism on the prospects for further stability.