Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 10 - 08:55 AM

AUD/USD - A 1-Month Low Is Hit Then Troubling Signs Emerge

By Christopher Romano  —  Sep 10 - 07:15 AM
  • AUD/USD fell to a 1-month low of 0.66445 during the Asia trading session

  • US yield US2YT=RR gains lifted the US$; USD/CNH rallied to 7.1320

  • AUD/USD bounced however, NY opened near 0.6675, pair was up +0.23%

  • Iron-ore DCIOc2, AUD/JPY gains & equity ESv1 bounce helped the lift

  • AUD/USD rallied back above the 55-DMA & daily techs flash warnings to shorts

  • Daily RSI diverged on the low and a daily bull hammer candle formed

  • Falling monthly RSI, hold below 10- & 21-DMAs give shorts some comfort

  • Only 2nd tier US data today; US Aug. CPI is a key risk for Wednesday

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!