Tag Archives: USD/KRW

Asian Currencies Technicals

AUD/USD: Overall Focus Now On Oct Monthly Lows. The pair has taken out the previously mentioned $1.0330-80 support region with the close below the 21-DMA, 100-DMA, rising daily channel base and Ichimoku cloud now shifting overall focus to retests of the Oct monthly lows.

Asian Currencies Technicals

AUD/USD: Layers Of Support Back In Focus. The AUD/USD reversed sharply from a spike above the 21 day upper Bollinger yesterday and put in a bearish key day reversal, but this means little until the pair takes out layers of support in the $1.0330-80 region.

Asian Currencies Technicals

AUD/USD: Bounces From Key Support Region. The $1.0330-50 region remains key support with the AUD/USD bouncing back towards the Nov 7 and 8 highs to start the week.

Asian Currencies Technicals

AUD/USD: Test Of Key Support Region Likely. The $1.0330-50 region remains key support with a close below expected to see stops triggered and focus turn to tests of the Oct monthly lows.

Asian Currencies Technicals

AUD/USD: Ends Session Looking Heavy. AUD/USD is looking a little heavy with an increased likelihood of a dip back towards layers of support in the $1.0330-50 region with the 21-, 100- ($1.0351) & 200-DMA’s ($1.0333) clustered in this region as well as a double daily bottom ($1.0332-34).

Asian Currencies Technicals

AUD/USD: $1.0330-50 Region Key Support. Fresh 4 week highs for the pair yesterday with initial support now seen at $1.0418, although the $1.0330-50 region remains key with 21, 100 ($1.0347) & 200-DMA’s ($1.0335) clustered in this region as well as a double daily bottom ($1.0332-34).

Asian Currencies Technicals

AUD/USD: Focus Turns To Sept Monthly Highs. The close above Friday’s highs sees overall focus turn to retests of the Sept monthly highs.

Asian Currencies Technicals

AUD/USD: Lower Levels Remain Favoured. The pair recovered a little lost ground yesterday but currently remains capped at the $1.0370 level and needs to close above Friday’s highs to return focus to retests of Sept monthly highs.

Asian Currencies Technicals

AUD/USD: Testing Oct 18 Highs. The AUD/USD managed to come within a pip of the Oct 18 highs with a close above needed to maintain overall bullish focus and keep hopes of a retest of the Sept monthly highs alive.

Asian Currencies Technicals

AUD/USD: Dip Back To $1.0290 Favoured. The AUD/USD continues to fail ahead of the Oct 18 highs with a close above needed to see a bullish focus maintained that has potential for a retest of Sept monthly highs.

Global Technical Watch – Sifting through ranging markets

Although several major currency pairs are rangebound, some Asian currencies have maintained a consistent appreciation trend against the USD.

Asian Currencies Technicals

AUD/USD: Struggling Ahead Of Oct 18 High. The AUD/USD has had another bounce towards the Oct 18 highs but has again failed to close above which is needed to retain topside focus.