Tag Archives: AUD/USD

Aussie Currencies Technicals

Wednesday’s correction gathered momentum with the bearish close confirming a break of the 21-DMA and rising daily channel base with

Leading into the U.S. holiday weekend markets are looking towards the ECB press conference and the release of U.S. employment for direction.

Today’s highlights: AUDUSD falls sharply to leave the market crucially poised above its uptrend and price support at .9366/22.

Fading within its rising channel. • EUR/USD has broken to the upside out of its horizontal range defined by 1.3503 and

AUDUSD fell from 0.9435 to 0.9379 following RBA Governor Stevens’ statement that the AUD is significantly overvalued.

EURUSD: The pair moved down to 1.3641 before bouncing back a bit.

Krona price action needs to move beyond a simple rate story With or without the approval of their neighbours,

Aussie the main mover this morning in the Asia-Pacific, after it started the day under the US high of $0.9460 at $0.9443.

The NZD/USD sits marginally lower, at 0.8770, thismorning. The NZD trickled lower early yesterday morning followingthe GDT global dairy auction,

AUD/USD was unable to better Tuesday’s 2014 highs with the sharp correction lower and relatively bearish close Wednesday of some concern to bulls.

With AUD touching 0.95 and diverging from fundamentals, some investors have started to worry about

The USD is mixed, repeating a familiar theme of a strong GBP and growth currencies but weak Europeans.