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AUD Daily Review July 10, 2018

AUD Daily Review for July 10, 2018

AUD/USD Stages Larger Rebound While Retail Shorts Jump 32%

AUD/USD appears to be on the cusp of a larger recovery as the exchange rate breaks out of its recent range and carves a fresh

 

AUD/USD looking to reclaim 0.75 as bullish tone solidifies

The AUD/USD is trading near 0.7460 heading through the overnight session after lifting to a high of 0.7483 on Monday. The Aussie appears to be running

 

AUD/USD Technical Levels: Potential double top bearish reversal on hourly chart

Hourly chart Spot Rate: 0.7475 Daily High: 0.7484 Daily Low: 0.7460 Trend: Bearish below 0.7456 Resistance R1: 0.7495 (50-day moving average)

 

AUD/JPY Technical Levels: Hurdle at 83.04 may hold on bearish RSI divergence

Hourly chart Spot Rate: 83.00 Daily High: 83.05 Daily Low: 82.68 Trend: Mildly bearish Resistance R1: 83.04 (61.8 percent Fibonacci retracemen

 

AUD/JPY is eyeing break above 61.8 percent Fib after above-forecast Chinese PPI

The AUD/JPY is maintaining its bullish stance following the key data releases in China and Australia and is looking to scale the immediate resistance

 

AUD/USD Review: Greenback bounce capping off the Aussie’s rise

The AUD/USD is sifting backwards into 0.7460 after climbing through the early Asia session, marking in a high of 0.7483, but a rebound in the Dollar i

 

CoT Update for Euro, AUD, GBP, CAD, Gold Price & More

Speculators continue to keep pressing bullish USD bets against key currencies, also reducing thier gold long position to nearly the smallest size in a year.

 

AUD/USD: eyes on the 50-D SMA, 0.7493

AUD/USD has been consolidating above the descending channel’s prior resistance and between the 50 and 21-D SMAs. The pair has recovered from the Asian

 

Have a nice trading!




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