Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 19 - 01:55 AM

AUD/USD - Recovered Early Losses, Led By Risk Appetite

By Andrew M Spencer  —  Aug 19 - 12:05 AM

  • Flat near the top of a 0.6888-0.6919 range in an active session on D3

  • Risk appetite under pressure early - drifted back with E-mini S&P futures

  • Charts; 5, 10 & 21 day moving averages crest or fall, 21 day Bolli's expand

  • Momentum studies head lower - technical bias is for further losses

  • 0.6870 Aug low, 0.6855-59, 61.8% Jul-Aug rise and lower 21 day Bolli support

  • Close below 0.6850 would be a strong bearish signal for next week

  • Bearish trending setup while 0.6982 21 day moving average caps

    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
!