Published at 03:28 (GMT) 09 Oct
09 Oct AUD/NZD Daily
02::44 GMT - Failed attempt to clear the 1.1282 hurdle last session andstrong sell-off towards closing in the appearance of a dark-cloud cover is turning pressure towards downside, eyeing the lower end of consolidation at 1.1120 and break needed to expose more downside potential. [W.T]
R5: 1.1296 * 5 Sep high
R4: 1.1282 * 29 Sep high
R3: 1.1260 intraday level
R2: 1.1226 intraday level
R1: 1.1195 intraday level
S1: 1.1120 * 2 Oct low
S2: 1.1103 29 Sep low
S3: 1.1065 26 Sep low
S4: 1.0980 25 Sep low
S5: 1.0947 24 Sep low
Recommended Content
Editors’ Picks
EUR/USD retreats to 1.0750, eyes on Fedspeak
EUR/USD stays under modest bearish pressure and trades at around 1.0750 on Wednesday. Hawkish comments from Fed officials help the US Dollar stay resilient and don't allow the pair to stage a rebound.
GBP/USD remains on the defensive around 1.2500 ahead of BoE
The constructive tone in the Greenback maintains the risk complex under pressure on Wednesday, motivating GBP/USD to add to Tuesday's losses and gyrate around the 1.2500 zone prior to the upcoming BoE's interest rate decision.
Gold flirts with $2,320 as USD demand losses steam
Gold struggles to make a decisive move in either direction and moves sideways in a narrow channel above $2,300. The benchmark 10-year US Treasury bond yield clings to modest gains near 4.5% and limits XAU/USD's upside.
SEC vs. Ripple lawsuit sees redacted filing go public, XRP dips to $0.51
Ripple (XRP) dipped to $0.51 low on Wednesday, erasing its gains from earlier this week. The Securities and Exchange Commission (SEC) filing is now public, in its redacted version.
Softer growth, cooler inflation and rate cuts remain on the horizon
Economic growth in the US appears to be in solid shape. Although real GDP growth came in well below consensus expectations, the headline miss was mostly the result of larger-than-anticipated drags from trade and inventories.