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Derived real-time data in partnership with:
Thomson Reuters
Nov 23 - 02:36 AM
AUD/USD - Soft Stocks And Oil Cap In Low Key Asia
First appeared on eFXplus on Nov 22 - 11:00 PM
  • Flat in Asia - only occasional interest with Tokyo closed into the weekend
  • Soft risk appetite, E-mini S&P off lows at -0.3%, SSEC -1.6% & AsiaxJP -0.3%
  • Falling oil is weighing on markets, Brent -1% on oversupply fears - 2018 low
  • Neutral momentum studies, 5, 10 & 21 DMAs conflict at familiar levels
  • Little short term bias - G20 Trump/Xi meeting to weigh late next week
  • 0.7240 230M strikes and yesterday's 0.7268 Sydney high support/resistance

aud2 nov 23 Click here

Source:
Thomson Reuters IFR Markets

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