USD Trading Outlook Archive

AUD/USD Bull action persists in Europe’s morning post-Stevens speech NY opens ~0.7950 and stay firms early on Soft USD, lifts in iron-ore, rebar & copper aid to keep rally going Stop run above 0.7950/60 accelerates lift, pair tests key 0.8025 area Series of daily lows… Read more

AUD/USD • Choppy European after pair fails to clear 0.7840 & gets pushed near 0.7790 • Erratic action early NY as pair torn between firm US & rallying commodities • USD lift abates & reverses, AUD/USD spikes & runs stops above 0.7850 • New trend… Read more

AUD/USD • Bear pressure applied in Europe’s morning, NY opens near 0.7765/70 supt • Dip bought as USD and US yields sink on soft durable goods data • Lifts in iron-ore, copper & rebar aid a steady lift in NY hours • Key 0.7840/50 tested… Read more

AUD/USD • Bears rule inEurope’s morning, push pair to 200-HMA but can’t go further• Early NY sees USD rally weaken, intra-day bears begin covering• Broad based USD weakness takes hold on soft US data• AUD/USD lifts to 0.7790, USD slide abates a bit &pair dips•… Read more

EUR/USD • Soft USD in Europe sees 1.0800 breached, gains fade into NY open • Recovery for USD begins slide, rally in US yields accelerates it • Pair tests 1.0700/10 zone, bears can’t push further and bounce ensues • Rally in German bond yields aids… Read more

AUD/USD • Losses post-RBA minutes erode in Europe after limited break of 200-HMA • Short covering lift has pair near 0.7720 into NY open • JPY weakness lifts AUD/JPY ~92.65, AUD/USD follows, tests 0.7760 res • Upped risk sentiment aids lift, gains can’t hold, stock… Read more

AUD/USD • Gains from China RRR cut fade in Europe due to USD’s bid • Sub-0.7780 into NY open, slide persisted despite Dudley comments • Stevens’ AUD & rate tips sink pair sharply, 55-DMA & cloud base pierced • Bids into 0.7700 & 21-DMA prevent… Read more

AUD/USD • Rally in Europe’s morning sees 76.4 Fib of 0.7939-0.7534 hit • Ends up the high and drifts lower into NY open, more weight added in NY • Broad USD rally ensues post-CPI AUD/USD spikes down then drifts to 0.7646 • No further losses… Read more

AUD/USD • Europe buys dip down to 0.7730/35 pair lifts near 0.7780 into NY open • Early NY sees dip near 0.7755 but dip bought on worse than f/c claims • Firm commodities & soft USD sees stead rise, 0.7800 tested several times • Level… Read more

AUD/USD • Intra-day supt near 0.7560 holds in Europe, drift higher into NY open • Steady rise in NY morning as commodities firm and USD soft • Large USD wash-out in afternoon sees spike through 200-HMA • 21-DMA tested as 0.7700 touched, little pullback late… Read more