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12 Aug 2014

AUD/USD breaks above 0.9265 and tests 0.9275

FXStreet (San Francisco) - The Aussie rose around 20 pips in the latest few hours from 0.9255 to break above previous daily highs at 0.9255 and to test the 0.9275 area where the AUD/USD is finding selling interest.

Currently, AUD/USD is trading at 0.9265, up 0.03% on the day, having posted a daily high at 0.9276 and low at 0.9247. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.

AUD/USD sentiment

According to Matt Bacon-Hall from FXbeat, there are sell orders around 0.9280/90, buy stops commence at 0.930 and more sell orders at 0.9310/20 in the upside. On the other hand, support are at 0.9260, 0.9250 and 0.9240.

Aug 12, 2014

USD/JPY on its way to 102.00?

Today’s appreciation of the Japanese yen vs. its American counterpart seems to have found sellers around 102.10, with the USD/JPY now navigating the 102.15/10 band...

EUR/USD was hit by German news - FXStreet

FXStreet Chief Analyst Valeria Bednarik remarks that the disappointing German ZEW reading for July pushed the EUR/USD down to the 1.3335 level in the European morning.