Tuesday, August 2, 2016

#TSOT - #USD Lifts #AUD #EUR #GBP, While #YEN Leads in Asia

USD weakness provides additional incentive for AUD with the rest of the pack. Asia has indeed taken the lead for now in spite of a few positive data from US - ISM while fears of growing uncertainty in the market propelled position adjustments and profit-taking on stocks.

The DXY  marking a 95.00 low added to positive price action with AUDUSD @0.7605 levels coming from a session low @0.7420. Meanwhile, the EURO & CABLE's prices have proven to be in a steady mode. Currently, EURUSD @1.1210 intra-day interim trend resistance,  while CABLE @1.3320 at the recovery stage. Early Asia session signals at the opening days have proven to be at the right side of the market. Staying on course as indicated

link: https://dwq4do82y8xi7.cloudfront.net/x/KNhafqyE/

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