Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 24 - 10:55 PM

AUD/USD - Bid Within The Range, As Risk Appetite Returns

By Andrew M Spencer  —  May 24 - 09:22 PM

  • +0.1 with the USD a touch softer after closing up 0.3% with risk bid

  • Positive markets, E-mini S&P +0.2%, Nikkei +0.65% and AsiaxJP +0.5%

  • Charts, momentum studies, 5, 10 & 21 daily moving averages crest or ease

  • Modest negative setup, as choppy USD led consolidation dominates

  • AUD trades towards the middle of the 0.7670-0.7890 range since mid April

  • Value in fading 0.7690-0.7842 21 day Bolli band with stops outside the range

  • Earlier 0.7746 Asian base & Friday's 0.7783 high initial support resistance


    For more click on FXBUZ
























aud may 25 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
© 2021 eFXdata · All Rights Reserved
!