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Jul 25 - 08:55 AM

AUD/USD - Safe-Haven Sales Put Key Impediments Back In Play

By Christopher Romano  —  Jul 25 - 07:35 AM
  • Yields YTTc1, equities ESv1, commoditiesHGv1DCIOc2 are up

  • Safe-havens US$, yen sink as investors seek out riskier assets

  • USD/CNH s dipped below 6.7450 before bouncing, AUD/JPY is above 94.90

  • AUD/USD dipped to 0.6878 in Asia, buyers emerged, NY opens near 0.6955

  • 55-DMA, July 22 high, 50% Fib 0.7282-0.6683,June 20 high are impediments

  • Rising daily & monthly RSIs, daily & monthly bull hammers are bull signals

  • June Chicago Fed nat'l activity index, July Dallas Fed mfg index are risks

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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