USD Trading Outlook Archive

AUD/USD After Asia couldn’t hold AUD/USD above the 200-HMA, Europe immediately applied bear pressure. the slide accelerated as USD/JPY spiked above 118.00 and AUD/USD sat near 0.8645 as NY got going. Early NY saw bears keep the pressure on as USD/JPY stayed firm and covering… Read more

AUD/USD initially was a major beneficiary of the PBOC’s actions as it got a major boost off rallies in commodities. NY walked in with AUD/USD near 0.8700. NY made an attempt to clear Europe’s 0.8723 high as the USD was soft and commodities remains firm…. Read more

AUD/USD The below f/c China PMI wasn’t enough to inspire bears to seriously test the 2014 low. A bounce off the 0.8565 area ensued in Europe as the USD began seriously slipping after USD/JPY couldn’t break 119.00. AUD/USD climbed and sat near 0.8615 as NY… Read more

AUD/USD Bear pressure remained on AUD for Europe & NY. Rotations out of EUR shorts and into longs vs. AUD, NZD, CAD & JPY combined with another heavy day for iron ore to keep AUD/USD weighed down. Europe pushed the pair below 0.8430 as NY… Read more

AUD/USD Europe erased all of Asia’s gains after the RBA’s Steven’s warned AUD investors they underestimate the risks of an AUD decline. A quick spike lower halted at the 200-HMA which sat 0.8682 at the time. A quick rebound saw the pair back near 0.8710… Read more

AUD/USD All of Asia’s gains were erased in Europe as the USD regained its footings. AUD/USD slipped form the o/n high and sat just above 0.8730 as NY got going. The pair had been consolidating into NY’s open and early action saw that theme persists…. Read more

AUD/USD Europe attempted a break of s-t resistance near 0.8720/30 but failed as they could only reach 0.8717. A drift lower had the pair near 0.8690 as NY got going. Early NY saw the pair dive lower after the solid US retail sales data. The… Read more

AUD/USD The pair saw a steady ascent in Europe as the USD and US bond yields were on the soft side. A rally from the 0.8685 area took hold and 0.8730 was approached. The pair then dipped towards 0.8705 into NY’s open. The dip found… Read more

AUD/USD Europe erased losses from Asia as the USD’s rally stalled early in their morning. With AUD/USD unable to seriously test the 2014 low shorts began covering. The lift had the pair near 0.8645 as NY got going. NY pressed the rally further right out… Read more

AUD/USD The pair held a tight 0.8660/84 range in Europe’s morning with the pair spending most of that time near the upper limit. Offers in the 0.8685/00 zone adn near the 200-HMA capped the topside. A rebound for the USD saw the pair slide into… Read more