Tag Archives: AUD/USD
Asian Currencies Technicals
AUD/USD: Double daily bottom with stops below. A double daily bottom is now in place just below $1.0500 with stops noted below. Overall we continue to look for a move below the Aug 2 lows to confirm an end to the move higher and see focus shift back to tests of 200 and 100 day […]
FX Daily Majors
Today’s highlights: * EURUSD: Correction holds above key 1.2200/09 support zone keeping short-term upward trend intact for now. We remain positive over the short term for 1.2598.
Asian Currencies Technicals
AUD/USD: Cracks appearing in trend higher. Sharp dip Friday combined with overbought daily tech studies and failures ahead of the March 19 high could be indicating its time for a pullback for the AUD/USD. Back below the Aug 2 lows is needed to shift focus away from higher levels and back to retests of the […]
FX Daily Majors
Today’s highlights: * EURUSD: Break through 1.2326/37 support zone allows for a deeper set back within the current corrective uptrend, but we look for this to gain traction at 1.2209/00.
Asian Currencies Technicals
AUD/USD: Consolidates ahead of resistance. Marginal fresh 4 month highs once again for the AUD/USD as it continues to pause ahead of the March 19 highs.
Americas FX Daily
Australia data help EUR-funded risk trade What happened overnight * Australia jobs data better than expected; NZ worse * China growth data weak but inflation leaves room for easing * BOJ and BOK leave policy unchanged
FX Daily Majors
Today’s highlights: * EURUSD: Market holds the 38.2% retracement support at 1.2326. We expect the market to continue higher through 1.2444 to 1.2598 78.6% retracement resistance.
Asian Currencies Technicals
AUD/USD: Starting to look a little tired. Failure by the AUD/USD to retest the Aug 7 highs on yesterday’s bounce combined with overbought daily techs looking to correct could be hinting at a pullback.
Busy Asian session ahead with BoJ and Chinese data
We’ve got a busy Asian session ahead with Chinese data galore and an Aussie employment report. The BoJ will also be on tap with its latest decisions on monetary policy.
Asian Currencies Technicals
AUD/USD: Daily tech studies overbought. The AUD/USD continues to set fresh 4 month highs on a daily basis as it tests the rising daily channel top and rising 21 day upper Bollinger band ($1.0634).
Asian Currencies Technicals
AUD/USD: Fresh 4 month highs. Tests of the sharply rising 21 day upper Bollinger band nd daily channel top continue with initial focus on Mar 19 highs.
EURUSD – needs more upside soon, or else.
Markets are still in limbo despite last week’s drama – EURUSD needs to take out the next resistance level to keep the focus to the upside. Aussie looks very stretched ahead of RBA – but could it stretch higher still before consolidating?