AUD / USD is witnessing a modest pullback on Monday from near multi-week highs. Renewed USD demand and softer risk appetite put pressure on the higher perceived risk AUD. A mixed media setup warrants some caution before opening aggressive directional positions. The AUD / USD pair has struggled to capitalize on its modest initial gains […]
Tag: ApetitoRiesgo
NZD / USD retraces from month-long highs and falls to the 0.7050 region
The NZD / USD is witnessing an intraday pullback from the month-long highs hit early Monday. Optimum expectations from the Fed and the rebound in US bond yields help reignite demand for the USD. A softer risk appetite further benefits the safe-haven USD and puts some pressure on the pair. The pair NZD / USD […]
XAU / USD falls back to $ 1,780 amid strong rally in US bond yields
A combination of factors triggers some selling around gold on Friday. Risk appetite and the rally in US bond yields weigh on the XAU / USD. A weak USD price action could lend some support to the yellow metal. After failing to conquer the $ 1,800 level on Thursday, gold has seen some selling on […]
AUD / USD clings to gains near five-week highs around 0.7420
AUD / USD gains some continuation traction on Friday and jumps to five-week highs. A modest USD weakness and risk appetite benefits the higher perceived risk AUD. The rally in US bond yields helps limit losses around the USD and limits the pair’s gains. The pair AUD/USD has rocketed to new five-week highs at the […]
USD / CAD struggles near three-month lows around 1.2350
USD / CAD extends its weekly downtrend and falls to more than three-month lows on Friday. Bullish oil prices benefit the CAD and put pressure on the pair amid subdued demand for the USD. The oversold RSI on the 1 hour chart warrants some caution before opening aggressive bearish positions. The pair USD / CAD […]
Returns intraday gains, still positive around 113.30-35
-637698032797640912.png "Returns intraday gains, still positive around 113.30-35")
USD / JPY is struggling to capitalize on its modest intraday rally amid renewed selling bias around the dollar. Risk appetite weighs on the safe-haven JPY and could help limit any further losses. A slightly overbought RSI could trigger a deeper corrective dip somewhat. The USD / JPY pair has returned a significant portion of […]
USD / CHF falls to four-week lows and looks vulnerable near the 0.9200 level
USD / CHF is witnessing strong selling for the second day in a row on Thursday. The current corrective decline in the USD is seen as a key factor putting pressure on the pair. Risk appetite does little to weigh on the safe-haven CHF or support the pair. The emergence of new sales around the […]
Approaching 100-day SMA after big technical breakout
AUD / USD rises above 0.7400 after the breakout of the symmetrical triangle on the daily chart. The resistance of the 100-day SMA at 0.7416 is the level to beat for the pair’s bulls. The daily RSI is pointing higher well above the midline, suggesting additional gains. The AUD / USD pair is building on […]
USD / JPY recovers initial losses and rises back above 113.50
USD / JPY attracts some buying near the 113.35 region, although it lacks tracking. High US bond yields extend some support to the pair; modest USD weakness limits gains. The focus is now on the US CPI report and FOMC minutes for new directional momentum. The pair USD / JPY has recovered from an intraday […]
USD / CAD remains near two-month lows, lateralized above 1.2450
The renewed buying of the USD helped the USD / CAD to bounce off the support of the descending channel. Bullish crude oil prices continued to prop up the loonie and capped the rise. Diluted liquidity during the holidays also prevented traders from positioning themselves for a further recovery. The pair USD / CAD it […]
