Tag Archives: EUR/AUD
US Morning Update
Major Overnight Headlines Euro Area October (final) manufacturing PMIs mixed; pan-Euro Area PMI at 51.3 in-line
Australian Markets Weekly – Housing recovery showing more traction
We pointed out last week that inflation in Q3 remained moderate and low enough to keep the door open for another easing, if need be.
Asian Currencies Technicals
After remaining capped at the 21-DMA on Thursday, the AUD/USD put in lower lows and highs to end the week as the pair heads towards initial support at the $0.9390 low from Oct 4.
Asian Currencies Technicals
AUD/USD: Lower lows and highs continue for the aussie with Wednesday’s bounce remaining capped ahead of the 21-DMA ($0.9525) and the initial resistance at $0.9521.
Asian Currencies Technicals
Lower lows and highs continue with the AUD/USD closing below the 21-DMA on a bearish note in NY. Immediate focus for the pair remains on a test of the $0.9390 Oct 4 low with
Asian Currencies Technicals
AUD/USD: The $0.9624 level confirmed as initial resistance with the pair remaining capped just short of this level to start the new week.
US Morning Update
Major Overnight Headlines • ECB’s Coeure says Euro Area can put banking system ‘on a sounder footing’, Thomson Reuters
Australian Markets Weekly
This last week’s inflation reading for the so-called headlinerate, that rose a higher-than-expected 1.2%, receivedsomething of a splash across the market wires and financialpress.
Asian Currencies Technicals
AUD/USD followed up Wednesday’s bearish key day reversal with a continuation lower that paused just short of the $0.9568 support and
Asian Currencies Technicals
AUD/USD followed up Wednesday’s bearish key day reversal with a continuation lower that paused just short of the $0.9568 support and the rising daily trend line off the Aug 30 low.
Asian Currencies Technicals
A bearish key day reversal for the AUD/USD on Wednesday after the pair marginally traded above the 200-DMA for the first time since mid-April.
Asian Currencies Technicals
AUD/USD touched fresh 5 month highs with the mover higher spiking above the 50% Fibonacci retracement level and falling just short of the 200-DMA despite very overbought daily tech studies.