Tag Archives: AUD/USD
FX Daily Strategist: Europe
– EUR holds up to negative Italian news FX markets are showing some notable resilience following news of Italian PM Mario Monti’s imminent resignation.
AUD/USD Technical Analysis
(1,0482) The AUSSIE confirmed also yesterday further consolidation interior the positive outside day with 1,0530 – 1,0430 still the levels to follow.
Asian Currencies Technicals
AUD/USD: Falls Short Of Initial Resistance. While the AUD/USD remains supported ahead of the $1.0429-42 region potential remains for a tests of the Sept monthly highs with a close above the $1.0518 level needed to kick start topside momentum.
FX Daily Strategist: US
– EUR-crosses hold well despite negative Italian headlines Markets are in negative territory this morning following news of Italian PM Monti’s resignation, with Italian equities off 3% and 10Y bonds off by some 30bps.
FX Daily Majors
Today’s highlights: – EURUSD: Market gains traction at the 1.2880 interim support level. We expect a rebound back up to 1.2974 interim resistance.
AUD/USD Technical Analysis
(1,0480) The AUSSIE confirmed on Friday further consolidation interior the positive outside day with 1,0530 – 1,0430 still the levels to follow.
Asian Currencies Technicals
AUD/USD: Inside Day To End The Week. The AUD/USD managed an inside day to end the week with the Dec 6 low remaining initial support to start the new week.
Daily Market Fundamental Levels
EUR/USD: $1.3127 Wednesday Dec5 high $1.3060 Medium offers on approach
FX Daily Majors
Today’s highlights: – EURUSD: Sharp sell-off yesterday brings the market back to our target 38.2% retracement. Some overshoot below today, but the uptrend remains intact whilst above 1.2880.
Asia FX Analysis
The euro staged a mild recovery off overnight lows in early Asian trade Friday, a move seen as a correction of the losses seen after ECB President Mario Draghi’s press conference.
Asian Currencies Technicals
AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.