Tag Archives: USD/KRW
Asian Currencies Technicals
AUD/USD: $1.0101-1.0330 range likely this week. Previous break below the 21 day ma was reversed sharply with the pair pausing at the 100 day ma.
Asian Currencies Technicals
AUD/USD: Takes out the 21 day moving average. Back below the 21 day MA has seen initial focus shift to tests of the $0.9972-99 region with a close back above the 21 day MA needed to hint at $1.0100-1.0330 range trading ahead.
Daily FX Technical Strategy: Momentum points to higher dollar
Growth concerns dominated trading overnight. Low and falling US yields made no impact on the dollar which rose even against recently strong currencies like the AUD and KRW.
Asian Currencies Technicals
AUD/USD: July 5 highs in focus. The pair has popped above the 200 day MA following the bounce from ahead of pivotal support at $1.0158.
Asian Currencies Technicals
AUD/USD: Bouncing from lows for now. The pair has bounced from the June 29 hourly support but needs to close above $1.0242 to see focus return to tests of the July 5 highs.
Asian Currencies Technicals
AUD/USD: Closes above key moving averages. The pair has closed above both 100 and 200 day moving averages with focus firmly on the April monthly highs.
Asian Currencies Technicals
AUD/USD: Consolidates Fridays move higher. The AUD now sees initial support at yesterday’s low of $1.0212 but back below the 2nd layer of support at $1.0158 is needed to shift the immediate focus away from a continuation higher that sees the April monthly highs targeted.
Asian Currencies Technicals
AUD/USD: Shift in focus targets April highs. Close above the key $1.0220 level sees focus on a higher levels targeting the $1.0469 April monthly highs with a close back below the $1.0150 level needed to shift immediate focus back to the parity region.
Asian Currencies Technicals
AUD/USD: Focus remains on lower levels. With the AUD again rejected on a bounce, this time ahead of the spike low from June 20, initial focus remains on tests of the 21 day MA and then potentially the 2012 lows.
Asian Currencies Technicals
AUD/USD: Struggling to regain lost ground topside. A relatively subdued day for the Aussie yesterday with it struggling to surmount the $1.0080-90 region.
Asian Currencies Technicals
AUD/USD: $1.0140 the level to watch topside today. Retests of the 21 day MA and then the June 8 lows beneath currently remain favoured until the AUD can manage to close back above the $1.0140 spike low from June 20 that is expected to cap on bounces.
Asia FX Rundown
News and markets Cyprus was downgraded by Moody’s yesterday to junk status and quickly asked the EU for a bailout.
