Tag Archives: USD/KRW

AUD/USD: Correcting Oversold Daily Tech Studies. The AUD/USD managed to take out the previous double daily top at $1.0274 before failing at the Ichimoku cloud base ($1.0293).

AUD/USD: Bounce Fails Ahead Of Initial Resistance. The bounce from the Oct 8 lows remained capped by the 100-DMA overnight ($1.0259), coming in just ahead of the double daily top at $1.0274.

AUD/USD: Spikes Below Bollinger Band Expected. After having taken out the Sept monthly lows the AUD/USD spent yesterday trading sideways below the initial resistance at $1.0274.

AUD/USD: Focus On Sub-Parity Levels. Initial support is now confirmed at the double daily top from Oct 4 & 5 with multiple hourly failures noted at the $1.0270-75 region and stops now above.

AUD/USD: Potential For $1.0169-1.0323. The AUD/USD is hesitating ahead of the Sept monthly lows with a close above the Oct 1 highs needed to see focus return to retests of the Sept monthly highs.

AUD/USD: Pausing Ahead Of Sept Lows. The AUD/USD continued its move lower towards the Sept monthly lows, dipping below the 21 day lower Bollinger band ($1.0207) and closing below the 100-DMA and the 38.2% Fibo of the $0.9584-1.0624 move, all adding weight to the bearish case.

AUD/USD: Potential For Fresh 2012 Lows. The AUD/USD finally managed a close below the 200-DMA ($1.0346) with the immediate focus now on the $1.0168-1.0237 region.

AUD/USD: Another Dip Below The 200-DMA. Another spike below the 200-DMA ($1.0345) for the pair keeps the pressure on lower levels, but a close below the 200-DMA is needed to see focus turn to retests of the Sept monthly lows at $1.0169.

AUD/USD: 200-DMA remains key support. The pair managed to briefly pop above the Sept 25 highs before heading back towards the key support noted at the 200-DMA.

AUD/USD: Pressure Shifts Topside. After failing to close below the 200-DMA pressure is on the Sept 25 highs topside, with a close above seeing focus return to tests of the Sept monthly highs so far at $1.0624.