Tag Archives: AUD/USD
Asia today: No change RBA; Statement a tad more upbeat than exp
After the flurry of PMI data yesterday, Asia switched to central bank mode with the RBA announcement the key item on the agenda. The RBA left rates unchanged at 3.5 percent, as expected, though the economy is running close to trend. It noted that previous rate cuts are still working their way through to the […]
Asian Currencies Technicals
AUD/USD: Layers of support just below market. Fresh 4 week lows continue with the pair dipping below the Ichimoku cloud base, but pulling up just short of the 38.2 Fibo level, the 21 week moving average ($1.0214) and the 100 day moving average.
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.2593/8 Fibonacci cluster exposes the mediumterm downward trendline at 1.2644. Above here is needed to expose the 1.2749 interim high.
Technical Analysis
€/$ – target met, GOLD take off, stronger NOK… EUR/USD Should be turning down… GOLD Well…that’s a take off!… AUD/USD At the low end of the bands… EUR/SEK Trying to break 8.31/32…
Asian Currencies Technicals
AUD/USD: Oversold tech studies could be an issue. Oversold daily tech studies looking to correct may be an issue for the immediate continuation lower with the Ichimoku cloud top and 38.2% Fibo ($1.0222) lurking below.
Technical Analysis
EZ spreads widening, stronger NOK, weaker EM’s… EUR/USD Possible a triangle… AUD/USD Deeper into the ma bands… EUR/SEK Looks peaky… USD/SEK Approaching interesting lvls…
Asian Currencies Technicals
AUD/USD: Move lower looking a little over done. Spikes below the sharply falling lower 21 day Bollinger band continue following the break of the 200 day MA.
Americas FX Daily
Playing the ranges What happened overnight * AUD Q2 capex above consensus, mining pipeline still robust * Brazil cut rates 50bp as expected, signaled shift in guidance * Italy successfully auctions 2017 and 2022 paper
FX Daily Strategist: US
* Sharp rally in NOKSEK is set to continue. We target 1.17. Our long NOKSEK recommendation is showing some signs of life with a large move higher to break above its 55 dma (1.1449). A sustained close above that level today would target a move to its 200 dma (1.1639) – well on its way […]
FX Daily Strategist: Europe
*Sharp rally in NOKSEK is set to continue. We target 1.17. Our long NOKSEK recommendation is showing some signs of life with a large move higher to break above its 55 dma (1.1449). A sustained close above that level today would target a move to its 200 dma (1.1639) – well on its way to […]
Daily FX Technical Strategy: No base yet for AUD
Base metals look to have completed their recent recovery bounce and the subsequent downturn is expected to keep the focus lower for AUD.
FX Daily Majors
Today’s highlights: * EURUSD: Still probing 1.2593/8 key Fibonacci resistance cluster. Whilst below here, our bias remains skewed to the downside for back through 1.2431 to 1.2399