Tag Archives: USD/KRW
FX Weekly – If not now, when?
* G10: Next week’s FOMC meeting should catalyze a breakout for G10 FX. We think this will be in favour of the dollar, given improving short term rate differentials and better data.
$ on a slippery slope, AUDNZD bear trend reaffirmed
EUR/USD: The market is after yesterday’s advance trading a few points higher than wanted, above the mid body point of the bearish candle a fortnight ago, 1.3303. 1.3322,
Asian Currencies Technicals
AUD/USD popped above the 21 day upper Bollinger and the Ichimoku cloud top before pausing ahead of the key $0.9343 high from June 26.
Asian Currencies Technicals
AUD/USD has broken into the key $0.9315-43 res region with the Ichimoku cloud top noted at $0.9336.
Asian Currencies Technicals
The move higher for the aussie continues with the AUD/USD reconfirming its bullish focus and targeting a test of the key $0.9315-43 resistance region.
Mainly corrective forces at play. Ended yen correction
EUR/USD: After the marginally new low was set the market entered the outlined upside correction phase.
Asian Currencies Technicals
The move higher for the AUD/USD paused ahead of the $0.9232 Aug 19 high with a close above remaining needed to confirm the current bullish focus targeting
The Global Macro Pulse
S&P futures are off slightly after a lacklustre New York trading session. The Nikkei has fallen 1.3%, but the Kospi is up 0.4%,
SEK weakness temporary seen pausing.
EUR/USD: The break of 1.3157 confirmed the end to the minor reaction hence paving the way for a fresh low. So current low, 1.3117,
Asian Currencies Technicals
AUD/USD continues to pause ahead of the Ichimoku cloud base and the Aug 19 high with the pair dipping back towards the $0.9063-74 support region.
The Global Macro Pulse
Asian stocks were flat to slightly higher ahead of a busy economic calendar. Sensex rallied more than 2% on the open,
SEK make or break day, $ & AUD firmer
EUR/USD: The reaction back up to 1.3218 at least fulfilled the minimum criteria for a minor correction even though we think 1.3237/55 would have fitted better.