Tag Archives: AUD/USD
FX Daily Strategist: US
– Risk supported as the contours of the fiscal-cliff deal emerge FX markets are predictably slowing ahead of the year-end holidays, but the outcome of the fiscal cliff negotiations will continue to dominate over last two weeks of the year.
UBS FX Technical
EURUSD – The pair is extending its strength and focus is on resistance at 1.3287/1.3386, the May/March highs.
FX Daily Majors
Today’s highlights: – GBPUSD: Advance towards the key 1.6310 chart resistance hurdle continues for now. We stress that a breakout above this major hurdle targets 1.6619 eventually.
Daily FX Technical Strategy – USD kept on the back foot
US equities have bounced back. The S&P 500 index has recovered from the third two-day dip in the past month and US bonds are maintaining an offered tone as US 10y yields extend toward basing pattern targets.
FX Daily Strategist: Europe
– Risk supported as the contours of the fiscal-cliff deal emerge FX markets are predictably slowing ahead of the year-end holidays,
Asian Currencies Technicals
AUD/USD: Inside Day To Start The Week. An inside day to start the week for the AUD/USD as the pair consolidates within a $1.0509-1.0583 range.
UBS FX Technical
EURUSD – The key bullish development on Friday was the closing break above 1.3150, the 38% retracement of the May 2011 to July 2012 bear trade.
FX Daily Majors
Today’s highlights: – EURUSD: Break above 1.3140/72 resistance zone signals trend continuation higher towards 1.3284/1.3388, and then 1.3487.
AUD/USD Technical Analysis
(1,0535) The AUSSIE confirmed a positive closing but overall it is still interior the 1,0575 – 1,0510 range. Only a daily closing above 1,0775 will support the extension of the move up.
Asian Currencies Technicals
AUD/USD: Overall Focus Remains Topside. The 21-DMA remains the key support for the AUD/USD with initial support now seen at the Dec 13 lows.
FX Daily Majors
Today’s highlights: – EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.
AUD/USD Technical Analysis
(1,0547) The AUSSIE confirmed a negative closing remaining however well above the 1,0500 level for now. While above, we expect higher levels suggesting a 1,06 overshooting.