AUD/USD retreats from 0.9525/08

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"After the FOMC surprised the market on Wednesday night, the U.S. dollar has been under broad pressure."
- Danske Bank (based on MarketWatch)

Pair's Outlook

A cluster of resistance levels at 0.9525/08 successfully withstood AUD/USD's assault, sending the currency pair towards the weekly R1 at 0.9420. Still, stabilisation of the price once its enters the area between 0.9379 and 0.9321 and a subsequent attempt to re-challenge the monthly R3 remains a possibility—many of the daily technical indicators are currently giving ‘buy' signals.

Traders' Sentiment
The sentiment of the market towards AUD/USD (66% of positions are long) reminds us of the fact that the Australian Dollar at the moment is the most popular currency among the majors—the Aussie was purchased in 72% of trades throughout its crosses. The distribution between the buy and sell orders on the pair is 67% and 33% accordingly.
© Dukascopy Bank SA
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Actual Topics

Fri, 20 Sep 2013 14:59:04 GMT

USD/CAD rebounds from 1.0233

At the moment USD/CAD is trying to restore the bullish outlook, being that recently the rate has closed below the long-term moving average, thereby casting doubt on the ability of the pair to rebound from the rising trend-line that is drawn through all of the major troughs of the last 12 months.

Fri, 20 Sep 2013 14:37:09 GMT

EUR/JPY halted only by 134.59/49

The resistance at 134.59/49, composed of the weekly and monthly R2 levels, along with the up-trend line (in force since last year's July), managed to completely nullify the bullish momentum, keeping today's fluctuations near the open price.

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