Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD: Dips Below 200-DMA. The AUD/USD managed a brief dip below the 200-DMA but we continue to look for a close below to ensure the current focus remains on retests of the Sept 5 lows.
Daily FX Technical Strategy: JPY appreciation continues
Overnight profit taking in US equities saw the S&P move back within its multi-week rising channel. This is keeping US bonds bid, which in turn is providing near-term support for JPY.
FX Daily Strategist: Europe
– Risk-off tone likely to linger ahead of Spain event risks on Thursday and Friday The surge in US consumer confidence for the month of September failed to put an end to this modest risk-off tone dominating the markets. The price action in the market remains within a very tight range.
Asian Currencies Technicals
AUD/USD: Another Dip Below The 21-DMA. The move towards the 200-DMA continues with the AUD/USD again spiking below the 21-DMA.
FX Daily Majors
Today’s highlights: – EURUSD: Gaining traction at 1.2889/91 chart/minor 38.2% retracement support. We expect a rebound higher through 1.2997 towards 1.3048 resistance.
Asian Currencies Technicals
AUD/USD: 200-DMA Test Remains Favoured. The pair continues to remain heavy with immediate focus on retests of the 200-DMA as daily RSI, Slow Stochastic and Momentum indicators begin to unwind from overbought levels.
Daily FX Technical Strategy: USD double take
The trend to sell the dollar stopped last week and on Friday we saw the first signs of USD demand in two markets where recently it was particularly weak;
FX Daily Majors
Today’s highlights: – EURUSD: Failure at 1.3048 last Friday maintains the downward trend for now, with risk remaining lower to 1.2858/29 support zone.
Asian Currencies Technicals
AUD/USD: Friday’s High Key To Start The Week. Friday’s spike to fresh highs for the week lacked follow through and we now look for a close above $1.0518 to start the week as an indication that focus has returned to the $1.0624-90 region.
Technical Analysis
EUR/USD 233d ma band revisited… EUR/JPY More indications of a top… AUD/USD Not behaving as expected… EUR/SEK Down at support… USD/SEK Exploring the lows… EUR/NOK Spiked below 7.4250… NOK/SEK Deeper into support.
Asian Currencies Technicals
AUD/USD: Dips Below 21-DMA. The AUD/USD managed a dip below the 21-DMA ($1.0383) and currently trades inside the Ichimoku cloud.
Technical Analysis
EURUSD drifting lower in a non trending mode, JPY is more than recovering yesterday morning losses, AUDUSD is making downside progress after the Thu-Mon top formation,