Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 27 - 08:55 AM

AUD/USD - Longs Struggle Near The 10-DMA Despite Upbeat Risk

By Christopher Romano  —  Jun 27 - 07:25 AM
  • Equities ESv1 copper HGv1, iron-ore DCIOc2 all rally on the session

  • USD/CNH up only tiny on the session after slip from its intra-day high

  • AUD/USD fell sharply in Asia, hit 0.6906 then bounced, NY opens near 0.6935

  • AUD/JPY bounce off low & rally above 93.80 help lift AUD/USD near the 10-DMA

  • AUD/USD down small on the session but a daily bull hammer candle is in place

  • For AUD/USD longs to take control break above 0.6975/95 zone is needed

  • Comments from NY Fed President Williams in NY's evening are an event risk

  • US May Core PCE price index, June ISM mfg PMI are risks later this week

  • 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
© 2022 eFXdata · All Rights Reserved
!