Tag Archives: USD/SGD

Asian Currencies Technicals

Bears take some comfort in the lack of topside follow through following fresh highs for the week and the proximity of the Bollinger band top.

The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,

The USD is stronger across the board. AUDUSD fell to 0.9252, EURUSD is lower at 1.3245 having taken out barriers at

The lack of follow through on the spike above the 21 & 100-DMAs Tuesday has now been followed up with a break below the previous $0.9288 support.

The USD is stronger across the board in Asia. AUDUSD has fallen to 0.9294, partly in response to

G10 FX is essentially flat with EURUSD at 1.3397, USDJPY at 102.30, and AUDUSD at 0.9320.

Losses following closes below both 100 & 55-DMAs continued Friday with the USD/SGD closing below the 21-DMA.

FX majors mostly tread water with EUR steady at 1.336 and USDJPY marginally higher to 102.5.

USDJPY nudged up to 102.59, but the AUDUSD and EURUSD are flat at 0.9297 and 1.3361,

The yen couldn’t sustain early gains after a smaller-than-expected decline in Q2 GDP and is now flat on the day at 102.29 to the dollar.

The USD strengthened against the G10 in Asia. The NZDUSD was the main developed currency mover,

G10 FX rates drifted sideways, with EURUSD at 1.340, AUDUSD testing its Friday highs at 0.9282, and