AUD/USD: Downward momentum picks up pace – UOB – by pabspiovano AUDUSD Currencies Majors Banks
24-hour view: “We expected AUD to ‘trade between 0.6715 and 0.6785’ yesterday. However, AUD edged to a low of 0.6696 before closing on a soft note at 0.6701 . Downward momentum has improved, albeit not by much. For today, there is room for AUD to drop below 0.6680 but the next support at 0.6640 is unlikely to come under threat. Resistance is at 0.6720 but only a break of 0.6735 would indicate that AUD is not ready to head below 0.6680.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NZD/USD faces a gradual decline – UOBIn the opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, the downside pressure could motivate NZD/USD to slip back to 0.6975 ahea
Weiterlesen »
Philippines: BSP expected to hike rates this month – UOBEconomist at UOB Group Lee Sue Ann suggests the BSP could raise further its policy rate at the September 22 meeting. Key Quotes “Ongoing uncertainties
Weiterlesen »
UIS: Inflation surprises to the upside in August – UOBUOB Group’s Senior Economist Alvin Liew and Rates Strategist Victor Yong review the latest release of US inflation figures. Key Takeaways “US headline
Weiterlesen »
AUD/USD buyers emerged in critical support but are not out of the woodsThe AUD/USD stopped the bleeding and jumped off weekly lows at around the 0.6700 figure after the US Producer Price Index report for August alleviated
Weiterlesen »
AUD/USD steadies around 0.6750 ahead of Aussie employment data, US Retail SalesAUD/USD steadies around 0.6750 ahead of Aussie employment data, US Retail Sales – by anilpanchal7 AUDUSD RiskAppetite Inflation Employment RetailSales
Weiterlesen »
AUD/USD Price Analysis: Bearish bias persits as bears take control at key daily supportAUD/USD shows no sign of correcting at this stage on a longer-term time frame basis, as illustrated below and threatens a break of key support in the
Weiterlesen »