Tag Archives: AUD/USD

AUD/USD Analysis

The pair opened at $0.8752 this morning, slightly below the bottom of Friday’s $0.8765 to $0.8854 range after

RBA to leave the cash rate at 2½% tomorrow for 15th consecutive month and their updated forecasts on Friday will be little changed.

EURUSD: A move below key support at 1.2540-45 will expose 1.2500.

EUR/USD is approaching the key support at1.2501.

Today’s highlights: USDJPY has surged higher and stays bullish for 111.60

The market’s review of changes in GPIF’s asset allocation helped push USDJPY up to 109.38.

The pair started this morning at $0.8835 and marked small gains to $0.8854 in very early pre-Asian dealings.

The failure at .8900 coincided with a failure at channel resistance.

Today’s highlights: DXY $ Index above 86.10 should reassert the uptrend for

EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.

USD-G10 has traded only very marginally higher in Asia following its post-FOMC rally in US time.

The pair closed in NY at $0.8797 after having traded a $0.8776-$0.8911 range on the day.