Tag Archives: AUD/USD

AUD/USD Analysis

The pair started the session today at $0.8747 and spent the initial few hours in a $0.8745/49 range,

Bears take a little comfort in the bounce from ahead of recent 8 month lows when combined with the O/S daily studies that are due a correction.

EUR/USD has broken the strong support at1.2755 and is now testing the other one at1.2662.

Both the speed and the size of the move in the USD have surprised us over the past month.

EUR/USD over 1.2715\25 would target at least 1.2656\65, but not if losing 1.2678 again…

The pair closed in NY at $0.8719 last night after having traded a $0.8683 to $0.8760 range on the day.

Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,

AUD/USD continues to work its way closer to the 2014 low with fresh 8 month lows Monday providing bears with comfort.

Today’s highlights: AUDUSD weakness has extended to retest our .8674/58 target

EUR/USD has broken the strong support at1.2755 and is now challenging the one at 1.2662.

The USD continued to strengthen, mostly against the commodity currency bloc.

The pair opened at $0.8768 this morning after a $0.8757 to $0.8799 range during the US hours on Friday.