Page 8 - Term Technical News Today

AUD/USD Current Price: 0.7738 Australian Westpac Consumer Confidence print at -4.5% in January. Australia is expected to have added 50K new jobs in ...

Share: The European Central Bank left its monetary policy unchanged, as expected. US weekly unemployment claims eased to 900K in the week ended January 15. EUR/USD holds on to its bullish stance but needs to clear the 1.2170 resistance. The EUR/USD pair advanced to 1.2172, within the ECB monetary policy announcement, to stabilize around 1.2150. The shared currency surged on prevalent optimism, and as the European Central Bank maintained its current monetary policy while pledging to keep support...

Share: Upbeat Australian employment data pushed AUD/USD higher. Australia will publish this Friday the preliminary estimate of January’s Retail Sales. AUD/USD is bullish, consolidating gains above the 0.7700 threshold. The AUD/USD pair peaked at 0.7780 this Thursday, boosted by encouraging Australian employment data. The country added 50K new job positions as expected in December, 36.5K of them full-time positions. The unemployment rate came down to 6.6% from 6.8%, beating expectations of 6.7...

EUR/USD Current Price: 1.2123 Treasury Secretary nominee Janet Yellen to boost stimulus, reform taxes. German’s Economic Sentiment improved in ...

Share: Australia will publish January Westpac Consumer Confidence, previously at 4.1%. Risk appetite gave up ahead of Wall Street’s close, providing support to USD. AUD/USD hovers around 0.7690 with a limited bullish potential. The AUD/USD pair peaked at 0.7724 this Tuesday, retreating towards the 0.7690 price zone during the American afternoon, where it stands heading into the Asian opening. The pair traded on sentiment, easing at the end of the day as Wall Street eased from its intraday hig...

The EUR/USD managed to cut losses during the New York session. Short-term technical picture turns slightly negative with 1.2100 as main support. The EUR/USD ...

AUD/USD edges lower on Wednesday but maintains bullish short-term bias. A break above 0.7780 needed to regain upward momentum. The AUD/USD retreated ...

AUD/USD reaches weekly highs and holds positive bias. A breakout of 34-month high at 0.7820 would target the 0.7850-60 area. The AUD/USD rose to a fresh ...

Share: The American dollar pared gains during the US session, retained most of its intraday gains. EU January Sentix Investor Confidence improved from -2.7 in December to 1.3. EUR/USD is at risk of extending its latest decline towards the 1.2000 figure. The EUR/USD pair fell on Monday to 1.2144, its lowest in three weeks, amid persistent dollar’s demand. The market extended Friday’s trading, as there were no fresh catalysts to drive investors. The focus remains on speculation about further...

Share: Australian encouraging data fell short of supporting the aussie. Demand for the American dollar receded mid-US session. AUD/USD recovered above the 0.7700 level but has room to extend its decline. The Australian dollar started the week on the wrong footing, easing against its American rival to 0.7665. Demand for the greenback and a sour market mood undermined AUD/USD, which anyway managed to regain the 0.7700 threshold ahead of the US close. Australian data released at the beginning of t...