Tag Archives: AUD/USD

Asian Currencies Technicals

AUD/USD: 21 day upper Bolli tests to continue. The pair continues to test the sharply rising 21 day upper Bollinger band with the Mar 19 highs the initial focus and then the 2012 highs from Feb 29 above that.

Asian Currencies Technicals

AUD/USD: Spike lacks follow through. A whippy past 24 hours for the AUD/USD with a spike above the upper 21 day Bollinger band to fresh 4 month highs lacking follow through.

Asian Currencies Technicals

AUD/USD: Fails at the $1.0556 hurdle. Following yet another fresh 4 month high the AUD/USD reversed sharply from just short of the Mar 27 highs that were initially targeted.

Asian Currencies Technicals

AUD/USD: Focus remains on higher levels. Oscillation around the rising 21 day upper Bollinger band continues ($1.0515) as the pair edges closer to the March 27 highs with overall focus remaining on tests of the $1.0856 2012 highs.

Behavioral Finance: Daily Forex Outlook: Time for a completely new ECB measure?

EUR USD (1.2285) Given the seniority of the individuals involved in yesterday’s various meetings – Draghi, Schaeuble, Geithner – news about the outcomes was surprisingly thin.

AUDUSD to fade in the shortest term?

AUDUSD has pushed over 1.0500 again overnight, but may have bitten off more than it can chew, at least in the shortest term as it may face headwinds as we navigate the rest of the week’s event risks.

Technical Analysis

Commodity FXers & scandies live lives to the edge… EUR/USD Mid-body support confirmed… EUR/SEK Offered into that stretch again…  AUD/USD Headed for ~1.07 it seems… EUR/NOK Earlier upmove likely a fluke… NOK/SEK +1.1270 recoil within downtrend.

Asia today: The calm before the storm? Fed might start first wave

A relatively steady, tight-ranged overnight session led to a steady, tight-ranged Asian session for the EUR today.

Asian Currencies Technicals

AUD/USD: Continues to trade above upper Bolli. The pair continues to make fresh 4 month highs but looks a little ahead of itself as it continues to trade above the rising 21 day upper Bollinger band ($1.0484).

Behavioral Finance: Daily Forex Outlook: A problem well-defined

EUR USD (1.2290) The Mario Draghi risk-on rally extended into Friday, resulting in the largest one-week gain for the euro in two months. Sceptics poured scorn on ECB president’s comment from the outset because, they claimed, it lacked substance.

Asian Currencies Technicals

AUD/USD: Fresh 4 month highs. Fresh 4 month highs for the pair to end the week sees overall focus on retests of the 2012 highs. The move higher may have gotten a little ahead of itself with the pair having closed above the 21 day upper Bollinger band with further oscillation around the upper band expected […]

Behavioral Finance: Daily Forex Outlook: The flight of the euro ‘bumblebee’

EUR USD (1.2285) Mario Draghi’s verbal intervention yesterday had the kind of impact Japanese monetary officials can only dream of. The euro climbed 1.75 percent as sound-bites from his speech hit the wires.