Tag Archives: AUD/USD
Daily FX Technical Analysis and Strategy
Stability in US equity and commodity markets is ultimately positive for risk and likely to keep the US dollar under pressure. But for now, there are some signs of USD strength.
Technical Alert
EUR & GBP slid lower yesterday but are likely to take a breather ahead of today’s CB meetings. AUD/USD is a must watch as we possible are exiting a large bull triangle.
AUD/USD Technical Analysis
(1,0558) The AUSSIE confirmed yesterday further consolidation interior the outside day with 1,0540 – 1,0365 still the levels to follow;
Asian Currencies Technicals
AUD/USD: Dec Monthly Highs Now Targeted. The AUD/USD managed minor fresh highs for the month/year and now has the Dec 12 monthly highs in its sights with a close back below yesterday’s low ($1.0488)
FX Daily Majors
Today’s highlights: – EURUSD: Risk of a correction back towards 1.2998/85 growing, but whilst above here the bias remains higher for a return to 1.3300/09 initially.
Daily FX Technical Strategy – Euro fire-sale risk
The euro is under intense selling pressure at the start of the New Year and we are not convinced that the move is over, despite the markets unwinding oversold conditions in the last few days.
AUD/USD Technical Analysis
(1,0477) The AUSSIE is still well bid but overall still interior the positive outside day with 1,0540 – 1,0365 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: Continues To Hesitate Topside. The AUD/USD continues to trade sideways ahead of the Jan 2 highs.
AUD/USD Technical Analysis
(1,0477) The AUSSIE confirmed last night a strong closing above Friday’s top when the pair formed a positive day reversal.
Asian Currencies Technicals
AUD/USD: Layers Of Resistance $1.0583-24. The AUD/USD is drifting back towards the initial resistance noted at $1.0527.
Asian Currencies Technicals
AUD/USD: Overall Focus Remains Lower For Now. The pair currently remains focused on retests of the key $1.0290-00 support region.
Daily FX Technical Strategy – USD bounces as bonds bomb
Investors have started 2013 in an optimistic mood and as confidence returns, evidenced by surging global equity markets, the safe haven trades of 2012 are being jettisoned,