Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Sep 13 - 02:36 AM
AUD/USD - Offshore Factors Lead - Should Continue Into Jobs
First appeared on eFXplus on Sep 12 - 11:20 PM
  • Flat in a narrow 0.6859/74 range, but reasonable interest in Asia
  • AUD/JPY and AUD/NZD up just 0.1%, as tight ranges dominated the FX majors
  • RBA minutes Monday should not surprise, jobs Thursday key - poll +10K
  • Expect risk and the USD to drive AUD in the early part of next week
  • 0.6860/70 a magnet this week - topside bias will evaporate without progress
  • Daily charts show neutral momentum studies, 5, 10 & 21 DMAs head north
  • Positive setup targets significant 0.6927 resistance, 61.8% July/August fall

aud2 sep 13 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!