Tag Archives: EUR/AUD

Aussie Currencies Technicals

AUD/USD continues to oscillate around the 21-DMA ($0.9309) with rallies stalling ahead of the $0.9344-74 resistance region.

AUD/USD continues to oscillate around the 21-DMA ($0.9313) with rallies stalling ahead of the $0.9344-74 resistance region.

Gladstone and Australia Pacific LNG projects are on track and on budget.

Following the aggressive bounce Thursday the AUD/USD managed a spike above the 21-DMA ($0.9318) to end the week but

The sell-off Thursday saw the AUD/USD trade at 2 month lows before bouncing back towards layers of resistance for a relatively bullish close.

The lack of follow through on the spike above the 21 & 100-DMAs Tuesday combined with a relatively bearish close

Following last week’s bounce the AUD/USD is struggling to overcome the 21 & 100-DMAs in the $0.9339-41 region.

NAB Business Survey improves further in July. Business conditions not only held up in July,

AUD/USD continues to work its way towards the 21 & 100-DMAs in the $0.9341-42 region with initial support remaining at $0.9288.

AUD/USD is working its way towards the 21 & 100-DMAs in the $0.9340-44 region with initial support now noted at $0.9288.

O/S daily studies have finally had an impact with the rally Wednesday and possible close above confirming an easing of bearish pressure.

O/S daily studies may be hindering attempts to head lower with the AUD/USD having bounced from ahead of the $0.9229-39 support.