eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Oct 07 - 10:55 PM
–

AUD/USD - Upswing Stalls As Fragile Sentiment Caps Topside

By James Connell  —  Oct 07 - 08:52 PM

• AUD/USD -0.1% Thur as global bond market jitters dampen investor sentiment

• AUD sellers build ahead of 0.7036-51 21/100/200-DMA convergence zone

• European debt concerns weighing on EUR, DXY +0.35% from Wed 101.90 low

• FOMC meeting minutes reveal differing views on reasoning for Sep Fed hike

• Futures markets discount potential for Oct Fed hike, but indicate Dec move

• RBA Sep meeting minutes due for release Tue, will be heavily scrutinized

• Range Asia 0.6955-64 support 0.6865 0.6834, resistance 0.7052 0.7282
AUD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
© 2026 eFXdata · All Rights Reserved
!