Tag Archives: USD/KRW
Asian Currencies Technicals
The rally towards the key $0.9315-43 resistance region continues with the AUD/USD pausing ahead of the Ichimoku cloud base yesterday and Aug 19 high.
The Global Macro Pulse
EM equities fell and currencies weakened as concerns over Syria overshadowed strong US ISM overnight.
Broad yen weakness. Renewed em weakness.
EUR/USD: There’s now a possible completed wave 3 in place given that we’ve having reached (and for a short while violated) the minimum target,
Asian Currencies Technicals
The close above the 21-DMA for the aussie sees focus shift to Aug 19s high with the Ichimoku cloud base noted below.
The Global Macro Pulse
The wave of better-than-expected PMIs globally has pushed most equity markets up in Asia. The Nikkei has rallied 2.8%, the HSI and Kospi and S&P futures are all up 1.0%,
Asian Currencies Technicals
Despite briefly popping above the $0.8997 initial resistance level yesterday the AUD/USD failed to hold above and also failed to test the 21-DMA before dipping a little.
At a glance: Playing it safe
EUR/USD hourly – Below 1.3259/64, the market remains in negative territory ● Given last week’s break below 1.3264 (minor 76.4 %) and
The Global Macro Pulse
The stronger-than-expected China PMI out yesterday and perceived lower risk of significant US military operations in Syria has helped push S&P 500 futures up 0.7%,
Asian Currencies Technicals
AUD/USD: Initial resistance remains at $0.8997 on the hourly timeframe with a close above needed to relieve the immediate bearish focus
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% and most Asian markets have rallied.
Dollar strength making progress. Weaker SEK.
EUR/USD: With the break and close below 1.3299 a first sell signal has been triggered (underpinned by the bear divergence).
Asian Currencies Technicals
AUD/USD managed an inside day on Thursday but continues to remain heavy following the failed attempt higher earlier in the week.