Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Sep 13 - 12:12 PM
AUD/USD - Trade Talk, Yuan Gains Keep Longs Optimistic
First appeared on eFXplus on Sep 13 - 09:50 AM
  • US-Sino trade tensions ease a bit on agriculture exemptions nL3N2641KJ
  • Risk rallies again; stocks, bonds yields & EM currencies boosted
  • China's yuan gains, USD/CNH nears 7.0330 before a small bounce ensues
  • AUD/USD holds above support near 0.6850, climbs above 0.6880 again
  • Close above 50 Fib of 0.7082-0.6678 & cloud top will bolster bullish techs
  • 0.6910/15 if resistance above, if cleared 0.6985/95 zone is targeted
  • Below 0.6835/50 zone could give bears a confidence boost

chart: 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
!