Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 24 - 11:00 PM
AUD/USD - Cloud Top Held - Cloud Base Now Pivotal Support
First appeared on eFXplus on Oct 24 - 08:40 PM
  • Touch softer, extending yesterday's 0.5% fall, as 0.6900 resistance capped

  • Low key in Asia, tight ranges - E-mini S&P -0.05%, Nikkei & AsiaxJP +0.1%

  • Momentum studies, 5, 10 & 21 DMAs conflict - positive setup turned neutral

  • Major resistance at 0.6880/95, cloud top & the September high held this week

  • 0.6809 cloud base first support - 0.6801/03 Tenkan line & 38.2% Oct bounce

  • Price action makes 0.6800 and 0.6900 pivotal levels for next week

  • NY 0.6811/0.6845 range is initial support/resistance

aud oct 25 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
!