Tag Archives: AUD/USD
Technical Analysis
Some interesting breaks and signals in GOLD, NOKSEK, S&P500, OIL, USDZAR and more to dig into. Euros remain in demand and EURUSD ending yday above its 2011 top line, growing bear divergences should be monitored closely,
FX Daily Strategist: Europe
– RBA’s 25bp rate cut today failed to reverse the bullish AUD trend; we stay long AUDUSD The RBA cut its cash rate by 25 bp to 3.00% as widely expected. In line with our call, the dips in AUDUSD post-RBA was very brief (a mere 10 pips to 1.0408) as the market has already […]
AUD/USD Analysis
The Australian dollar flip-flopped through the Asian morning Tuesday, reacting to Australian economic data initially and then to the Reserve Bank of Australia’s decision to cut its benchmark interest rate.
Asian Currencies Technicals
AUD/USD: Potential For $1.0290-1.0310 In The Short Term. Fresh two week lows for the AUD/USD again overnight combined with the failure at the Nov 30 highs and correcting overbought slow stochastics increase the risk of a move lower that initially sees the $1.0290-10 region retested.
Daily Market Fundamental Levels
EUR/USD: $1.3100 Strong offers on approach/Option barrier $1.3075 Option barrier
FX Daily Majors
Today’s highlights: – EURUSD: Probing key neckline resistance and the 78.6% retracement hurdle at 1.3050/63. We expect this area to cap the market, with risk back to 1.2880.
Technical Analysis
The common ccy, equities, commodities and bonds all ended last week on a positive footing so we’re entering the current one with risk appetite on.
Asian Currencies Technicals
AUD/USD: Marginally Dips Below 21-DMA. The AUD/USD ended last week looking a little soft after 4 consecutive lower daily lows but the pair needs to close below the 21-DMA to see initial focus turn to the 200-DMA and overall focus turn to Oct monthly lows.
Daily Market Fundamental Levels
EUR/USD: $1.3075 Tech $1.3070 Strong offers (German corporate mentioned)
FX Daily Majors
Today’s highlights: – EURUSD: Removal of 1.3010 resistance implies a continuation higher towards 1.3140/72 resistance but we look for this to cap and for the range bound tone to continue.
Asian Currencies Technicals
AUD/USD: Drifting Back Towards 21-DMA. Lower daily lows the past four days see the AUD/USD remaining heavy and drifting back towards the 21-DMA.
FX Daily Majors
Today’s highlights: – EURUSD: Support found at 1.2880 results in a rebound back up towards the key long-term trendline resistance hurdle of 1.3010. Above here is needed to expose 1.3140/72.