AUD/USD: bullish run complete ahead of Dec data?

FXStreet (Guatemala) - AUD/USD> is currently trading at 0.7231 with a high of 0.7262 and a low of 0.7210.

AUD/USD is a quiet play with the US desks away for Thanksgiving holidays and is likely to remain so until next week's data now that we have a clear calendar for the pair until the close in the US tomorrow.

The recent bullish case for the Aussie has started to deteriorate and those who were awaiting levels to sell might be looking to get onboard before the long awaited Nonfarm Payrolls in the first week of December could possible be the nail on the coffin as far as the FOMC is concerned in respect of timings of a rate hike at this FOMC meeting around.

AUD/USD levels

Technically, a break of the 100 1hr SMA to the downside could trigger a sell-off to the 200 SMA on the same time frames with an ultimate objective of 0.7012 and Nov lows. The 20 SMA on the 4hr chart meets current levels and a break there also exposes risks to the downside revealing 0.7180 as key near term support.

Nov 26, 2015

USD/JPY: rangy ahead of Nomfarm Payrolls - BTMU

Analysts at Bank of Tokyo Mitsubishi explained that the DXY touched the 100-level this week on Fed rate hike expectations and on ECB monetary easing expectations but USD/JPY dropped to close to 122.00.
Baca selengkapnya Previous

Nov 26, 2015

Gold little changed above $1,070 an ounce

Gold prices oscillated near the 5-year lows scored earlier this month, with spot ending the day virtually unchanged near $1,070 an ounce. The commodity has fluctuated in a tight range on Thursday as US markets were closed in observation of the Thanksgiving holiday.
Baca selengkapnya Next