Tag Archives: AUD/USD
The Global Macro Pulse
G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while
EUR & CAD are week, USD feeds on those and many other currencies
EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction
AUD/USD Analysis
Aussie started this morning at $0.9305, and early attention was on the New Zealand jobs data.
Aussie Currencies Technicals
AUD/USD marginally traded above the previous initial resistance before heading sharply lower and managing a relatively bearish close.
Daily FX Update
Soft services PMI in China and Europe have done little to deter risk taking, as equity markets are strong and the U.S. 10‐year yield sits just below 2.5%.
Daily Technical Report
EUR/USD is bouncing within its underlyingdowntrend. Monitor the hourly resistance at1.3444 (28/07/2014 high).
FX Daily Majors
Today’s highlights: EURUSD is still vulnerable to further corrective strength, but we ideally look for “neckline” resistance at 1.3503/13 to cap.
AUD/USD Analysis
Aussie started this morning at $0.9334 after a US range of $0.9312 to $0.9337 overnight.
Trade Balance – June 2014
The June trade deficit at $1.683bn came in more narrow than the market had been expecting.
Daily FX Wrap and Strategy
The NZD/USD sits fractionally higher this morning, at 0.8520. The release of the ANZ commodity price index passed almost without notice from
Aussie Currencies Technicals
Layers of resistance are noted in the $0.9338-0.9426 region including 55 & 21-DMAs with bulls needing a close above the $0.9426 level this week to