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Trading news

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27 Aug 2013

AUD/USD off lows but still vulnerable

FXstreet.com (Córdoba) - The AUD/USD fell sharply on Tuesday as escalating tensions in Syria weighed on risky currencies in benefit of the USD and the JPY.

AUD/USD is among the worst performers, having broken below the 0.8950 support level once again to retest last week’s low at the 0.8930 zone. However, the pair has managed to take a breather and recovered some ground to presently trade around 0.8955, where it is 0.8% below its opening price.

AUD/USD technical levels

In terms of technical levels, a break below 0.8930 would pave the way towards 0.8900 (psychological level) and then 0.8847 (2013 low Aug 5). On the flip side, resistances could be found at 0.9045 (20-day SMA) and 0.9060 (10-day SMA).

Aug 27, 2013

GBP/USD keeps lows around 1.5500

The demand for the sterling remains subdued on Tuesday, with the GBP/USD now hovering over session lows around the key support at 1.5500 the figure...

EUR/USD treading water around 1.3330

The shared currency keeps meandering around the lower end of the intraday range, driving the EUR/USD around 1.3320 and 1.3330...