Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 17 - 05:55 PM

AUD/USD - 0.7638 Interim Target Met, More Gains In Store

By Krishna K  —  Dec 17 - 04:50 PM
  • AUD/USD poised to open 0.55% after trading in 0.75675-0.7639 range Thursday

  • Powers ahead in commodities driven burst & worldwide liquidity glut

  • Surge in prices for Australia exports delivers windfall for govtnL4N2IX0OG

  • Dalian iron ore near record high, copper near 8-year high, LNG @ 6-year high

  • Rally attains interim objective of 0.7638, 38.2% of 2011-2020 decline

  • Consolidation likely before uptrend extends, target 0.7910 100-month MA

  • Resistance 0.7640, 0.7677 June 2018 high; support 0.7600-10, 0.7570-80

  • For more click on FXBUZ


LNG shipping rates to key markets: Click here

AUD: 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
© 2021 eFXdata · All Rights Reserved
!