Tag Archives: AUD/USD
Aussie Currencies Technicals
AUD/USD managed a spike above the 21-DMA Tuesday but has so far lacked follow through with the pair closing marginally below the 21-DMA ($0.9396).
FX Daily Majors
Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.
Daily Technical Report
EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday.
The Global Macro Pulse
USDJPY has risen to 101.47, but the dollar failed to sustain an attempt to rally against the AUD and EUR.
AUD/USD Analysis
Aussie started this morning at $0.9374 and then found itself holding in a $0.9362 to $0.9378 range in early Asian dealings, just below last night’s $0.9371/84 range during the US hours.
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.
Aussie Currencies Technicals
The $0.9322 support confirmed its significance last week with the AUD/USD having bounced from ahead of this level on Wednesday and Friday.
Short-Term Trading Strategies
EUR/USD is still trading at the low end of its recent range, and a test of the critical 1.3500 support proved to be short lived.
FX Daily Majors
Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.
Daily Technical Report
EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday, favouring a short-term bounce.
The Global Macro Pulse
With Japan closed today, trading in FX markets was thin. EURUSD crept slightly higher to 1.3533, USDJPY is marginally lower at 101.26, and AUDUSD is flat at 0.9393.
EUR/USD rechecks 1.3545-1.3575 before down
EUR/USD tests 1.3545\76 before down. 1.3477 remains a medium-term key ref to keep in mind… EUR/JPY could test 137.50\70 before trading lower again…