Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Sep 30 - 11:00 PM
AUD/USD - Building Approvals Miss - No Impact - AUD Awaits RBA
First appeared on eFXplus on Sep 30 - 09:35 PM
  • Flat into building approvals, which missed at -1.1% poll +2.5%

  • Data had no impact ahead of the RBA rate decision nL3N26K1AW

  • Market is short into the RBA, RBAWATCH OIS price a cut at 81.1%

  • Could be a case of sell the rumour buy the fact, unless the RBA are dovish

  • Charts - momentum studies, 5, 10 & 21 DMAs conflict, neutral setup

  • AUD consolidates above 0.6736 support, 76.4% of the Sept bounce last week

  • 0.6771 10 DMA then last week's 0.6806 top and 0.6810 21 DMA resistance























aud oct 1 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!