Tag Archives: USD/SGD

AUD/USD: Bounces Off 21-DMA On First Test. The pair has managed to take out the rising daily trend line off Nov monthly lows and the initial support but has bounced off the 21-DMA on the first attempt.

AUD/USD: Holding Above Initial Support. The pair continues to hold above the initial support with the rising daily trend line off Nov monthly lows adding significance to this region again today.

AUD/USD: Inside Day To Start The Week. An inside day to start the week for the AUD/USD as the pair consolidates within a $1.0509-1.0583 range.

AUD/USD: Immediate Topside Pressure Relieved. The immediate topside pressure has been relieved a little with the break back below the Dec 13 low which increases the risk of a pullback to the $1.0442-46 region with the 21-DMA noted at $1.0446.

AUD/USD: Tests Upper Bollinger Band. Fresh nearly 3 month highs for the AUD/USD see the 21 day upper Bollinger band retested with spikes above expected until a close back below the 21-DMA is seen.

AUD/USD: Falls Short Of Initial Resistance. While the AUD/USD remains supported ahead of the $1.0429-42 region potential remains for a tests of the Sept monthly highs with a close above the $1.0518 level needed to kick start topside momentum.

AUD/USD: Inside Day To End The Week. The AUD/USD managed an inside day to end the week with the Dec 6 low remaining initial support to start the new week.

AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.

AUD/USD: Struggling To Take Out $1.0480-00 Region. The AUD/USD continues to pause ahead of the 21 day upper Bollinger band with numerous daily highs noted just ahead and daily tech studies correcting from moderately overbought levels.

AUD/USD: Potential For $1.0290-1.0310 In The Short Term. Fresh two week lows for the AUD/USD again overnight combined with the failure at the Nov 30 highs and correcting overbought slow stochastics increase the risk of a move lower that initially sees the $1.0290-10 region retested.