Tag Archives: AUD/USD
Technical Analysis
Most markets seem tucked into ranges – EURUSD inside 1.2825-1.3072 is no exception… EURJPY is allowed to lift to test resistance on slightly better risk appetite…
Asian Currencies Technicals
AUD/USD: 200-DMA Key Topside. The bounce from session lows overnight fell just short of the 100-DMA ($1.0273) with above the Oct 11 highs needed to relieve the downside pressure and bring the 200-DMA back into focus.
Daily FX Technical Strategy: USD/CAD in a tight spot
The outlook for risk deteriorated late last week and a series of Double Tops suggest some follow through selling in the coming days.
Technical Analysis
Hard to find anything really exciting…. AUDUSD having completed a minor bounce and stands ready to try lower, EURUSD stuck in a narrowing range, USDJPY bear triangle suggests selling to appear ahead of 78.68,
Asian Currencies Technicals
AUD/USD: Remains Heavy To Start The Week. An inside day to end last week for the AUD/USD with immediate focus remaining on tests of $1.0095-1.0105 region.
FX Daily Majors
Today’s highlights: – EURUSD: Bullish outside reversal day off the 200-day average signals a recovery is underway for 1.3074 to 1.3172/8 initially.
Asian Currencies Technicals
AUD/USD: Correcting Oversold Daily Tech Studies. The AUD/USD managed to take out the previous double daily top at $1.0274 before failing at the Ichimoku cloud base ($1.0293).
Daily FX Technical Strategy: JPY finds a bid again
Near-term topping signals emerging in US equities signal further relief in the greater up-trends. This is helping to provide a bid for JPY and we are seeing evidence of this in some of the JPY crosses, with trendline breaks in EUR/JPY and CHF/JPY pointing to further downside toward the late September range lows.
FX Daily Majors
Today’s highlights: – EURUSD: Gaining traction at the 200-day average at 1.2823, importantly ahead of the 1.2803 range low. We are turning bullish for 1.3074, then 1.3172.
Asian Currencies Technicals
AUD/USD: Bounce Fails Ahead Of Initial Resistance. The bounce from the Oct 8 lows remained capped by the 100-DMA overnight ($1.0259), coming in just ahead of the double daily top at $1.0274.
FX Daily Strategist: US
– Market in search of catalysts The markets continue to trade without conviction, searching for catalysts. The catalysts are many for the modest risk-off tone seen in markets but none of them are dominating at present.
Daily FX Technical Strategy: Downside risk is the hot Topix
The euro is consolidating and we suspect range trading will continue to dominate trading over the rest of the week. Yesterday, EUR/GBP topped out against its range high with a Key Day Reversal implying near-term downside risk.