#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/

ON THE CCY CORNER: New AUG Month in Asia Session

AUSSIE KIWI OVERLAY

There were valid reasons why we have chosen both the AUSSIE & KIWI, (dated July 20) nearing the new month of trading activity in August. The percentage of these two pairs are remarkably showing ideal signals after the decline; than the rest of the pack. A pivotal price point has been established and a potential move is in the making. This showed how the new Asian opening of August have initially dictated price flow that could take the lead in the next few trading activity.

And its just the 1st opening trading day in Asia and the market is showing some real good trade signals. Due diligence required to keep a keen eye on the market potentials now.

https://dwq4do82y8xi7.cloudfront.net/x/YS5HO7Z2/