AUD News Reviews 

AUD Daily Review August 17, 2017

AUD Daily Review for August 17, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): Bearish if NY closing below 1.1680.While EUR touched a low of 1.1680 yesterday, it rebounded strongly and quickly to end the day well above this level. As highlighted, only a NY closing below 1.0680 would indicate that EUR has moved into a bearish phase. This scenario is not ruled out just yet even though   Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since…

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AUD News Reviews 

AUD Daily Review August 16, 2017

AUD Daily Review for August 16, 2017 AUD/USD Clings to Channel Support Ahead of Australia Employment Report Another 20.0K expansion in Australia Employment report may stoke a larger recovery in AUD/USD as it puts pressure on the RBA to lift the cash   AUD/USD Bull-Flag Breakout in the Works Aussie has responded to technical support and now look to validate a break of a bullish flag formation. Here are the updated targets & invalidation   USD/JPY and AUD/USD Forecast August 17, 2017 The US dollar initially tried to rally during…

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AUD News Reviews 

AUD Daily Review August 15, 2017

AUD Daily Review for August 15, 2017 AUD/USD Longer Term Correction Resuming? After AUDUSD broke to new highs, it has stalled. One Elliott Wave model counts the advance as being complete and at risk of a longer   USD/JPY and AUD/USD Forecast August 15, 2017 The US dollar shot higher during the session on Monday, testing the uptrend line that had recently given way. The question now will be whether we can break a…   Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17,…

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AUD News Reviews 

AUD Daily Review August 14, 2017

AUD Daily Review for August 14, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): EUR to remain underpinned as long as above 1.1750.As indicated last Friday (11 Aug), a move back above 1.1830 would indicate that the mild downward pressure has eased. However, the pace and extent of the rebound have been more robust than expected (high of 1.1846 last Friday) and from here, EUR is expecte   Yen Falls, Aussie Dollar Gains as US Officials Cool War Worries The Japanese…

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AUD News Reviews 

AUD Daily Review August 13, 2017

AUD Daily Review for August 13, 2017 AUD/USD Outlook Mired by Cautious RBA Testimony AUD//USD stands at risk for further losses following cautious remarks from RBA Governor Lowe as the pair extends the series of lower-highs from earlier this   AUD/JPY Testing Key Support as Risk Aversion Drives Yen Price is testing key technical support into the close of the week on persistent yen strength. Here are the updated targets & invalidation levels that   USD/JPY and AUD/USD Forecast August 14, 2017 The US dollar continues to look soft against…

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AUD News Reviews 

AUD Daily Review August 10, 2017

AUD Daily Review for August 10, 2017 AUD/USD Technical Analysis: Sellers Take Aim Below 0.78 The Australian Dollarlooks vulnerable to deeper losses having turned lower after finding resistance below the 0.81 figure against its US counterpart.   USD/JPY and AUD/USD Forecast August 11, 2017 The US dollar fell during the day on Thursday, breaking below the bottom of the hammer from Wednesday and even breaking down below what could have been a ver…   Have a nice trading! Share This:

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AUD News Reviews 

AUD Daily Review August 9, 2017

AUD Daily Review for August 9, 2017 Ferroglobe applauds DOC determination to impose duties on silicon metal imports London-based Ferroglobe PLC GSM, -1.14% applauded Wednesday the U.S. Department of Commerce’s determination to impose duties on silicon imports from A   USD/JPY and AUD/USD Forecast August 10, 2017 The US dollar fell initially during the day on Wednesday, as people are reacting Korean Peninsula and all of the news. Ultimately, this market looks to be fi…   Have a nice trading! Share This:

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