Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD: Rally Falls Just Short Of Rising Bollinger. The push towards the Mar 19 highs continues with the pair falling just short of a 21 day upper Bollinger band test overnight.
AUDUSD nearing big resistance lines ahead of FOMC trigger
As we await the FOMC outcome much later today, it’s worth zooming out and looking at the bigger technical picture in the likes of AUDUSD, which tends to be a big mover on QE/risk appetite themes.
Asian Currencies Technicals
AUD/USD: Targeting $1.0540-1.0640 region. The move higher continued as the pair took out the short term falling daily trend line off the Aug monthly highs.
FX Technical Volume Strategy: EUR/USD rises with volume
– Volume levels bounced back after Monday’s lull as investors continue to build on the positioning initiated at the end of last week. – Bullish investor sentiment in EUR/USD is endorsed by the above-average volume that is accompanying up-days.
Technical Analysis
Key events today and tomorrow are obvious key risks to anything we have seen during the position deployment ahead of announcements…
AUD/USD Analysis
Closed in NY at $1.0434 after pulling back from a session high of $1.0449 to $1.0428. Rate initially drifted down to retest the pullback lows in NY at $1.0428 before picking up fresh demand via Aussie-yen (as yen pared Tuesday gains).
Asian Currencies Technicals
AUD/USD: Focus Firmly Remains On Higher Levels. Fresh 3 week highs for the pair as it closed above the 21-DMA with focus firmly on retests of the $1.0540-1.0640 region.
FX Daily Majors
Today’s highlights: – EURUSD: Reverting back to the breakout support zone of 1.2727. Some rebound potential from here for back to test trendline and 200- day average resistance at 1.2838/50.
FX G10 and EM Morning Trader Views
G10 EUR – Consolidation continues as the market awaits the next clues from FED and news from the German court ruling on the Euro rescue fund tomorrow. 1.2800 ish is setting up short term trend resistance from the recent high.
Asian Currencies Technicals
AUD/USD: 21 DMA Continues to cap recovery. The 21 DMA continues to cap the recovery from monthly lows with further resistance noted in the $1.0400-44 region.
FX Daily Strategist: Europe
– EURUSD hits 1.28 target. We lock in profit but maintain long EURJPY and EURCHF The combination of rising expectations for QE and the “europhoria” post-ECB pushed EURUSD above 1.2800. Given that we hit our target, we took profit on our long EURUSD recommendation and booked a 3.92% profit.
Asian Currencies Technicals
AUD/USD: Focus shifts back to Aug monthly highs. Friday’s sharp move higher paused right on the 21 day MA but the move through layers of resistance has seen focus now shift back to retests of the $1.0540-1.0640 region.