2 Jul 2015
AUD/USD bears well in control
FXStreet (Guatemala) - AUD/USD is currently trading at 0.7636 with a high of 0.7656 and a low of 0.7628.
AUD/USD was a minor offer in Tokyo's progression on a better bid greenback and then the Aussie's trade balance tipped...the balance.. over board.
AUD/USD fundamentally lower ahead of big risk day
AUD/USD has been a clear risk ahead of the Nonfarm Payrolls showdown tomorrow but has succumbed to further losses on the back of the domestic data that was released. <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=0a1b87e3-e34a-450e-a060-234459a39043">The trade balance has disappointed and added to the greenback's mid week come back.
AUD/USD technically
We remain in with the view point of Karen Jones, chief analyst at Commerzbank who noted that AUD/USD remains offered below the 0.7747 short term resistance line. "Above 0.7750 would allow for a deeper retracement to the current June high at 0.7848 and only above here would cause us to re-evaluate our bearish view."
AUD/USD was a minor offer in Tokyo's progression on a better bid greenback and then the Aussie's trade balance tipped...the balance.. over board.
AUD/USD fundamentally lower ahead of big risk day
AUD/USD has been a clear risk ahead of the Nonfarm Payrolls showdown tomorrow but has succumbed to further losses on the back of the domestic data that was released. <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=0a1b87e3-e34a-450e-a060-234459a39043">The trade balance has disappointed and added to the greenback's mid week come back.
AUD/USD technically
We remain in with the view point of Karen Jones, chief analyst at Commerzbank who noted that AUD/USD remains offered below the 0.7747 short term resistance line. "Above 0.7750 would allow for a deeper retracement to the current June high at 0.7848 and only above here would cause us to re-evaluate our bearish view."