Tag Archives: USD/KRW
Asian Currencies Technicals
AUD/USD continues to look like testing the $0.8335-37 support region with the Sept18 low at $0.9335. A close below the 100-DMA could be a significant bearish signal,
Asian Currencies Technicals
AUD/USD: The bounce to start the new week remained capped just short of Friday’s high as very overbought daily tech studies continue to look to correct.
Asian Currencies Technicals
Overbought daily slow stochastic, RSI and momentum indicators are slowly looking to correct with the AUD/USD having pulled back from Wednesday’s high to end the week.
Asian Currencies Technicals
AUD/USD pulled back from Wednesday’s high and the sharply rising 21 day upper Bollinger band ($0.9513) on Thursday as daily slow stochastic,
Heavy $ losses across the board. AUD/NZD break.
EUR/USD: Given the break above the summer peak an alternate wave count, a still uncompleted upside correction, must be put in place.
The Global Macro Pulse
Overnight Price Action The Nikkei has rallied 2.1% and S&P futures are up slightly, but most other Asian equity markets are down slightly.
Asian Currencies Technicals
AUD/USD is pausing ahead of the 100-DMA and Monday’s high with the pair closing above the 21-WMA ($0.9347) for the first time since April.
The Global Macro Pulse
Asian equity markets have generally given up some of yesterday’s gains despite the S&P rising 0.6% overnight.
Asian Currencies Technicals
The bounce to start the new week for the AUD/USD spiked above both the 21-WMA and 100-DMA before closing back below as the move higher lacked follow through and
The Global Macro Pulse
Overnight Price Action The USD weakened across the board in response to Larry Summers’ announcement that he has withdrawn from being a candidate for Fed chairman.
$ begins the week offered. Bullish signs €/SEK & NOK
EUR/USD: The move through 1.3325 answered the question of where to go next, to the 78.6% Fibo resistance, 1.3378.
Asian Currencies Technicals
AUD/USD has bounced sharply higher to start the new week with the immediate focus now shifting to last week’s $0.9354 high with the 100-DMA noted just above.