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AUD Daily Review August 8, 2017

AUD Daily Review for August 8, 2017

USD/JPY and AUD/USD Forecast August 8, 2017

The US dollar did almost nothing against the Japanese yen during the day on Monday, testing the 111 level, but struggling a bit to overcome that barrier. Ult…

 

Saudi Arabia to cut crude oil allocation in September by more than its OPEC pledge: report

Saudi Arabia will cut crude oil allocation to its customers worldwide in September by at least 520,000 barrels per day, Reuters reported Tuesday, citi

 

Forex: Top FX Headlines: Strategy for AUD/JPY, NZD/JPY with Volatility Due Next 24-hours: 8/8/17

– The Japanese Yen’s resiliency continues, and it now appears that several significant JPY-crosses could breakdown in the coming days. – Chinese inflation da…

 

Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB

EUR/USD: Neutral (since 07 Aug 17, 1.1785): Immediate bias is for a probe lower towards 1.1680.We just shifted to a neutral stance yesterday and there is no change to the view. EUR has likely made a short-term top at 1.1909 last week and the current movement is viewed as the early stages of a correction/consolidation phase. That said, the immediate

 

Strategy for AUD/JPY, NZD/JPY with Volatility Due Next 24-hours

Chinese inflation data and the August RBNZ policy meeting should bring welcomed volatility to AUD- and NZD-crosses; AUD/JPY and NZD/JPY are of particular interest.

 

USD/JPY and AUD/USD Forecast August 9, 2017

The US dollar fell significantly during the day on Tuesday, reaching much lower. However, we bounced enough to show signs of life, and it appears to me that …

 

Have a nice trading!




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