Tag Archive: AUD/USD Technical Analysis

Asia market update

Oil update After hitting a massive speedbump over the past 48 hours or so, Oil investors are dipping their toes back into the no less certain waters as risk has tentatively stabilised. But prices remain very firm even after DOE…
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The trade war is finally upon us

The trade war is finally upon us Traders returned from the 4th of July holiday with few if any convictions ahead of President Trump’s first tariffs that are scheduled to hit $34 billion of Chinese imports later today and Beijing…
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It’s showtime !

Enough with the speculation and all the teasers, it’s showtime!chil Not surprisingly it was a quiet session overnight despite the abundance of commentary and conjecture for today’s Trump-Kim Summit. FX interbank tapes indicated a staggering -45 % drop in electronic…
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China PMI Data Flash

With both China’s Manufacturing and Servies PMI’s coming in above consensus it suggests manufacturing remains resilient and domestic growth is chugging along. And amid trade and tariff tensions, this should be interpreted positively. at least for the next 20 minutes !!….
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Buckle in for an action-packed holiday-shortened week

Buckle in for an action-packed holiday-shortened week brimmed with essential events, none more significant than the May employment report particularly in light of the recent dovish conversation on wage growth in the May 2 FOMC minutes. A marginally firmer reading…
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A test of the breakouts

A test of the breakouts  This week should be all about contesting and consolidating last week’s significant breakouts in 10 year UST, EURUSD, USDJPY and Oil Prices. And despite weekend inspired short-covering in US fixed income, we’ve seen a weekly…
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China Data Flash

10:00*(CN) CHINA APR INDUSTRIAL PRODUCTION Y/Y: 7.0% V 6.4%E; YTD Y/Y: % V 6.7%E– Source TradeTheNews.com 10:00(CN) China Apr Fixed Assets Urban YTD y/y: 7.0% v 7.4%e– Source TradeTheNews.com 10:00*(CN) CHINA APR RETAIL SALES Y/Y: 9.4% V 10.0%E; YTD Y/Y: % V…
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Yields in focus , again

Equity Markets Equity markets clung on, at least for today, to the easing of trade tensions on the back of President Trumps ZTE reprieve from potentially crushing sanctions. But with US yields again moving higher and the key 10 Year…
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The $ continues to test the fringes of bullishness

Not to beleaguer the ongoing developments in the US Bond markets, but while ten years US yield count on the Greenbacks measuring tape, the unwinding of the USD geopolitical risk premium goes on and price action suggests we should expect…
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