Tag Archives: AUD/USD
Daily FX Wrap and Strategy
The NZD topped the G10 leaderboard overnight, thoughlagged gains among emerging market currencies. It is 0.3%stronger against the USD at 0.8790.
Aussie Currencies Technicals
AUD/USD managed a spike above the 21-DMA Tuesday before closing marginally below.
FX Daily Majors
Today’s highlights: USDCAD has found renewed buying at support at 1.0612/00, and we continue to look for a base here.
Daily Technical Report
EUR/USD made a bullish intraday reversalyesterday, suggesting a potential short-termbounce. Hourly resistances stand at 1.3621(intraday high) and 1.3664 (03/07/2014 high).
The Global Macro Pulse
G10 FX was mixed, with AUD rising to 0.938 on improvement in NAB business survey, while CAD continued to weaken by another 0.2%.
AUD reaction completed? €stoxx banks on thin ice
Calm markets overnight but some interesting developments nevertheless taking place. The EZ bank index (a sub index of €stoxx600) yesterday took
AUD/USD Analysis
Aussie started this morning just under last night’s US session high of $0.9375, at $0.9372 and encountered minor weakness to $0.9366 in early dealings.
Aussie Currencies Technicals
The 55-DMA has supported to start the new week with the AUD/USD bouncing back towards the $0.9384-99 region as a result.
Daily Technical Report
EUR/USD has broken its short-term risingchannel after having stopped near the 38.2%retracement of its previous decline. A falltowards the support at 1.3503 is likely.
FX Daily Majors
Today’s highlights: EURUSD stays bearish for 1.3513/03, and ideally key support at 1.3487/77. Below here can confirm the expected large bear “wedge”.
The Global Macro Pulse
The USD started the week on a stronger footing as the US 10y yield opened 1.6bps higher to 2.656%.
AUD/USD Analysis
Aussie started the new week at $0.9367 and traded a $0.9360-69 range in early dealings in the Asia-Pacific session.