Tag Archives: USD/KRW
FX Techs
The USD received an extra push yesterday via the publication of positive US fundamental data so that the recent recovery gained momentum across the board.
The Global Macro Pulse
The Nikkei is flat despite the overnight rise in USDJPY in response to higher Treasury yields, and S&P futures are down 0.1%. Most other Asian equity markets are up marginally.
Asian Currencies Technicals
AUD/USD: The close below Monday’s low sees the continuation of the recovery off the 2013 lows in doubt with immediate focus having shifted to a test of the $0.8970 Aug 8 low.
Asian Currencies Technicals
AUD/USD managed marginal fresh highs to start the new week before dipping back towards the 21-DMA.
Asian Currencies Technicals
AUD/USD continued its move higher that is targeting the $0.9315-43 resistance region that capped in late June and July.
Asian Currencies Technicals
AUD/USD briefly popped above the 21-DMA ($0.9119) and the $0.9131 level that previously supported on July 25.
Asian Currencies Technicals
AUD/USD: Oversold daily slow stochastic, RSI and momentum indicators could be supportive of a bigger bounce for the pair with focus now shifting to the $0.9210 high from July 30.
Asian Currencies Technicals
AUD/USD: The bounce from 2013 and 3yr lows paused ahead of the $0.9010 resistance with initial support now noted at $0.8948.
Asian Currencies Technicals
AUD/USD: The fresh 2013 and 3 year lows continues, with the pair having dipped below the long term falling daily channel base that comes in around $0.8871 and
The Global Macro Pulse
Trading in Asian equities was thin and largely directionless outside Japan. The Nikkei is down 1.0%, reacting to USDJPY edging lower to 98.80 after Friday’s post-payrolls drop.
Asian Currencies Technicals
AUD/USD is little changed from Friday’s opening level but continues to remain bearish with the $0.8771 Aug 2010 monthly lows remaining targeted.
Kings of the Market
The ‘kings of the market’ that we believe dominate current price action are the expansion of equity multiples coming from the repricing of (especially US)