Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 22 - 08:55 AM

AUD/USD - Fibo Attracts As Risk Rebounds Ahead Of The Fed

By Christopher Romano  —  Sep 22 - 07:25 AM
  • Equities ESv1, copper HGv1, AUD/JPY rally on improved risk sentiment

  • Safe-haven US$ sells off, USD/CNH dips below 6.4670 before slight bounce

  • AUD/USD rallies 0.72245 to 0.7268 in Asia before pulling back a bit

  • Pair hugs the 61.8% Fib of 0.71065-0.74775 as investors await the Fed

  • Techs lean bearish; consolidation of drop from Sep 3 peak is ongoing

  • Monthly inverted hammer candle, falling monthly RSI reinforce bear view

  • CFTC stats show large net-short AUD position, implies big squeeze risk

  • For more click on FXBUZ

audusd 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
!