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australian dollar

Daily Market Analysis 25.04.2022: AUDUSD

USDCAD Analysis

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.71920 with take profit at  0.72096 Bearish Preference: Sell position is envisaged if price trades below 0.71563 with take profit at 0.71414 Fundamentals:No major Fundamental. Comment: The risk-sensitive Australian Dollar slid sharply versus the US Dollar last week as markets adjusted amid growingly hawkish shifts in Fed …

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Daily Market Analysis 11.04.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.74490 with take profit at 0.74608 Bearish Preference: Sell position is envisaged if price trades below 0.74143 with take profit at 0.73961 Fundamentals:No major fundamentals Comment: The Australian Dollar will be in focus to kick off the Asia-Pacific trading week as Chinese CPI data approaches. AUD/USD hit a fresh 2022 …

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Daily Market Analysis 17.01.2022: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72263 with take profit at 0.72385. Bearish Preference: Sell position is envisaged if price trades below 0.72090 with take profit at 0.71955 . Fundamentals:No major fundamental Comment: AUD/USD is in focus at the start of the Asia-Pacific trading week, with China’s fourth-quarter gross domestic product (GDP) …

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Daily Market Analysis 26/11/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.71539 with take profit at 0.71694. Bearish Preference: A Sell position is envisaged if price trades below price 0.71249 with take profit at 0.71096. Fundamentals:U.S ZONE: Treasury Currency Report (Tentative) Comment:The Australian Dollar had weakened going into the data as risk aversion took hold …

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Daily Market Analysis 08/10/2021: USDCHF

Instrument: USDCHF Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.93128 with take profit at 0.93202. Bearish Preference: A Sell position is envisaged if price trades below price 0.92861 with take profit at 0.92782. Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD  Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar was up on Friday morning in Asia. However, …

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Daily Market Analysis 22/09/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 0.72563 with take profit at 0.72665. Bearish Preference: Sell position is envisaged if price trades below 0.72364 with take profit at 0.72278. Fundamentals: 7:00pm USD FOMC Economic Projections. Comment: The Australian Dollar is trading higher early Wednesday after posting a volatile trade the previous session. The …

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Daily Market Analysis 21|05|2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 0.77825 with take profit at 0.77938. Bearish Preference: Sell position is envisaged if price trades below 0.77680  with take profit at 0.77564. Fundamentals:2:45pm    USD     Flash Manufacturing PMI Comment: The Australian dollar came under pressure Wednesday as FOMC minutes mentioned tapering of asset purchases, specifically …

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