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Author Archives: AUD Editor

AUDUSD: Back below 0.7800

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AUD/USD: Consumer Optimism Jumps In October

Daily RSI is biased up and the AUD/USD broke above 7-day exponential moving average today. We are waiting for a close above that level now. We keep our bid at 0.7730 and will consider raising it if we see a ...

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AUDUSD must beat the 100 dma at 7784/80

EURUSD higher exactly as predicted to top only 2 pips from strong resistance at 1.1827/32 & the main challenge for bulls this week. A great call! Obviously 1.1827/32 is key to direction today. Profit taking is possible to 1.1800 & ...

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Further AUD/USD weakness unlikely – UOB

According to FX Strategists at UOB Group, extra pullbacks in spot appear unlikely in the near term. 24-hour view: “AUD traded sideways as expected, albeit at a narrower range than anticipated. The undertone has improved somewhat but it is too ...

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AUD/USD Edges Higher in Late Trade, Kiwi Follows

Investing.com – The Australian dollar and New Zealand dollars edged higher against their U.S. counterpart on Wednesday, as doubts over a potential U.S. tax overhaul before the end of the year weighed on the greenback. AUD/USD added 0.10% to 0.7785. ...

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