Tag Archives: AUD/USD

Daily Market Fundamental Levels

EUR/USD: $1.2980/85 Medium offers $1.2940/50 Medium offers

FX Daily Majors

Today’s highlights: – USDJPY: Approaching the 78.6% Fibonacci retracement hurdle of 82.68. Overextended to the upside, and thus we look for a correction back towards 81.13 before we target 84.19.

Asian Currencies Technicals

AUD/USD: Choppy Trading To Continue. The AUD/USD continues to trade in a choppy fashion and needs to manage close above the Nov 20 highs to re-ignite topside focus.

FX Daily Majors

Today’s highlights: – USDJPY: Aggressive acceleration through 81.49 retracement resistance sets up for further gains higher to the 78.6% retracement of 82.68 and then the key neckline of 83.09.

AUD/USD Analysis

The Australian dollar was lower late Wednesday after euro-zone finance ministers and International Monetary Fund officials failed to find a solution to Greece’s ongoing debt crisis.

Asian Currencies Technicals

AUD/USD: Looking Tired, Focus Topside For Now. The pair dipped below previous hourly support and we now look for a close below yesterday’s lows to end hopes of a retest of the upper Bollinger band.

FX Daily Majors

Today’s highlights: – EURUSD: Approaching the key 1.2844 38.2% Fibonacci retracement hurdle. We expect this to cap and for the market to reverse lower back to 1.2662, then 1.2502.

G10 FX Spot Commentary

EURUSD : Support – 1.2760 , 1.2690 , 1.2650/40 Resistance – 1.2820 , 1.2880 , 1.2985 Risk traded very well yesterday pushing the USD broadly lower as stocks remembered how to rally after a dismal post election week.

Daily Market Fundamental Levels

EUR/USD: $1.2900 Strong offers, stops (55 dma) $1.2876 7 Nov high

Asia Today: No change from the BOJ but USDJPY holds firm

Asia was back on central bank watch during today’s session – one set of minutes and one actual meeting.

Asian Currencies Technicals

AUD/USD: Upper Bollinger Expected To Cap Today. The sharp bounce from Friday’s spike below the 200-DMA continued to start the week and has seen immediate focus return to tests of the 21 day upper Bollinger band. Back below hourly support at $1.0363 is needed to relieve current topside focus and see Oct monthly lows come […]

Daily Market Fundamental Levels

EUR/USD: $1.2850 Strong offers ($1.2846 – 21 dma) $1.2825/30 ($1.2827 – 6 Nov prev high)