Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 18 - 11:55 PM

AUD/USD - Bid With Regional Stocks - Charts Remain Negative

By Andrew M Spencer  —  Jan 18 - 10:10 PM
  • +0.15% in a 0.6565-0.6588 range with only moderate flow on D3

  • 10yr climbed 2bp to 4.163%, but stocks up, Nikkei +1.6%, AsiaxJP +1%

  • US consumer sentiment leads offshore data - USD and risk to lead AUD

  • Charts; daily momentum studies slip, 5, 10 & 21 day moving averages slide

  • 21-day Bollinger bands fall - signals show a strong negative setup

  • First significant support comes in at 0.6498, 61.8% of the Oct-Dec rise

  • Close above the falling 0.6641 10-day moving average ends the downside bias

  • 0.6565 Sydney low and 0.6641 10-DMA first support, resistance

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
© 2024 eFXdata · All Rights Reserved
!