Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Oct 08 - 11:00 PM
AUD/USD - More Soft Data And The Subdued Risk Outlook Cap
First appeared on eFXplus on Oct 08 - 08:50 PM
  • Flat, as local stocks/risk follow Wall Street down - E-mini S&P +0.2%

  • Consumer sentiment slumped, as global uncertainty trumped RBA nS9N252006

  • Gov't spending not monetary policy effective at these levels nL5N26Q02I

  • Tough to be an AUD bull amid US/China friction and a souring local economy

  • Charts - daily momentum studies 5, 10 & 21 DMAs conflict - neutral setup

  • 0.6722 50% Oct bounce, then 0.6709 61.8% & 0.6700 316M strikes support

  • 0.6738 NY afternoon top then 0.6757 London high first resistance

aud oct 9 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
!