Tag Archives: AUD/USD
Aussie Currencies Technicals
The recovery from ahead of the key $0.9322 support continued on Thursday with the aussie having found support at the 55-DMA but
Daily Technical Report
EUR/USD declined further yesterday. Prices arenow close to the key support at 1.3503 (see alsothe long-term rising trendline from the July 2012low).
The Global Macro Pulse
Although EURUSD weakened slightly to 1.3528, AUDUSD rose a bit to 0.9359 from its overnight lows and USDJPY fell to 101.55.
AUD/USD Analysis
Aussie opened at $0.9368 this morning and briefly dipped to $0.9362 before rebounding to a $0.9371 high.
Aussie Currencies Technicals
AUD/USD bounced from ahead of the key $0.9322 support on Wednesday, confirming the significance of this level.
FX Outlooks & Strategies
EUR/USD: The break below 1.3575 has encouraged us to turn bearish particularly given the surge in daily volume. We are looking for a move lower toward the range low at 1.3500.
Daily Technical Report
EUR/USD has broken the support at 1.3576,confirming a bearish bias. A further short-termdecline towards the key support at 1.3503 islikely.
AUD/USD Analysis
China’s Q2 data releases were the main driver for the AUD/USD this morning, with aussie-dollar trading slightly lower at $0.9340 compared with the US close of $0.9370 in the aftermath.
Aussie Currencies Technicals
AUD/USD remained capped ahead of the $0.9408 as it again struggled at the 21-DMA ($0.9400) with the dip below
Daily FX Update
The USD is strong (except against GBP) leading into to Chair Yellen’s semi‐annual testimony but market moves have generally been limited.
Daily Technical Report
EUR/USD rose yesterday but failed to holdmost of its gains at the end of the session. Abearish bias is favoured as long as prices remainbelow the resistance at 1.3664 (03/07/2014 high).