Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 31 - 11:55 PM

AUD/USD - Firmer With Risk Appetite Resilient In Asia

By Andrew M Spencer  —  Jan 31 - 10:20 PM
  • +0.1% near the top of a busy 0.6552-0.6579 range, as risk demand resurfaced

  • E-mini S&P +0.3%, AsiaxJP +0.3%, but the Nikkei is off 0.7% with Wall Street

  • RBAWATCH prices 21.87 of cuts in June from 24.3pt early this morning

  • The USD and risk appetite will likely lead the AUD in offshore trading

  • Charts; 5, 10 & 21 DMAs crest, fall as 21-day Bollinger bands contract

  • Daily momentum studies slip - overall the setup shows no strong bias

  • 0.6624 21-DMA and 0.6657 38.2% Dec-Jan fall are the first resistance

  • The 0.6551 New York low and 0.6525 2024 base are initial supports

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
!