eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
(Corrects month in headline and 2nd bullet)
• AUD/USD flat Thur, trading subdued despite renewed uplift in metals prices
• AU June balance on goods 1.9 bln surplus (poll -1.1 bln), exports +9.6%
• Gold +1.1%, Copper +0.3%, WTI +0.8% Thur amid Strait of Hormuz reopen hopes
• AUD 0.7088 resistance looming, break above would reinvigorate recent upswing
• U.S. initial jobless claims due Thur, followed by Jul NFP on Fri (poll +80k)
• Range Asia 0.7053-60 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Hourly Bollinger Study & DXY Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)