AUD News Reviews 

AUD Daily Review November 3, 2019

AUD Daily Review for November 3, 2019

USD/JPY and AUD/USD Outlook Bearish as Trade War Fears Resurface

The Japanese Yen soared as trade war fears resurfaced and dismal US business activity sunk the S&P 500, emerging markets. Is USD/JPY topping? The Australian Dollar may depreciate.

 

AUD/NZD slides to 200-HMA in a solid correction following negative trade headlines

AUD/NZD has been weeker into month-end, falling from the 1.08 handle to 1.0740 and meting the 200-hour moving average which has acted as a robust leve

 

AUD/JPY technical analysis: Breaks three-week-old support trendline

Following its U-turn from late-July tops, AUD/JPY declines below the three-week-old rising support line while flashing 74.42 as a quote.

 

AUD/USD: On the back foot amid broad risk-off, China PMI in focus ahead of US NFP

Unlike other Antipodeans, AUD/USD fails to cheer the greenback weakness as broad risk-off pulls the quote back from fresh three-month high.

 

Post-Fed AUD/USD Advance Fizzles amid Doubts Over US-China Trade Deal

AUD/USD may struggle to hold its ground ahead of the Reserve Bank of Australia (RBA) meeting on November 5 amid doubts surrounding the US-China trade deal.

 

AUD/USD hits session high above 0.69 on above-forecast China Caixin Manufacturing PMI

AUD/USD jumped 10 pips to 0.6907, extending the recovery from the low of 0.6884 seen in the early Asian trading hours after China’s factory gauge bett

 

Caixin Manufacturing PMI: 51.7 vs expectations of 51, AUD/USD firms

The Oct Caixin-sponsored manufacturing PMI, which was expected around 51 following yesterday’s NBS measures that showed declines in both the manufactu

 

AUD/USD clings to upbeat Chinese data-led gains, just above 0.6900 handle

The AUD/USD pair regained some positive traction on the last day of the week, with bulls making a fresh attempt to build on the momentum further beyon

 

AUD/USD technical analysis: Sticks to modest gains, around 0.6900 handle ahead of NFP

The AUD/USD pair struggled to capitalize on the early uptick, albeit has still managed to hold its neck above a previous resistance breakpoint, now tu

 

AUD Could Make Further Gains If RBA, US-China Trade News Permit

The Australian Dollar rose to three-month highs as October bowed out, boosted by hopes for more monetary stimulus. Trade worries dragged it back but may yet be overcome.

 

AUD/USD technical analysis: Aussie ends the week in the green above the 0.6900 handle.

The Aussie is trading in a downtrend below its 200-day simple moving average (DMA) on the daily chart. This Friday the Aussie made no significant advance while

 




AUD/USD looks to end week above 0.69 supported by broad USD weakness

The AUD/USD fell to 0.6890 area during the early trading hours of the American session after the Greenback gathered strength on the back of the upbeat

 

USD/JPY and AUD/USD Forecast November 4, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Have a nice trading!




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