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Thursday, October 8, 2009

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Australian Dollar Hits Fresh Yearly High, USD/JPY Continues to Search for Bottom


The AUD / USD 0,9052 after an annual New Quality increased unemployment and no shortage terduga have gone from 120% of daily ATR, while USD / JPY 88.14 least slip a bit after a day are changed.

AUD / USD 0.9052 after an annual New Quality terduga unemployment increased shortage, and the Australian dollar as the most accurate kurs notes in August 2008 against the currency stays at the highest level since the jump. However, more flat-rated Australian dollar - has moved from 120% coverage and it will get the resistensi intraday to 0,9050, and we kurs Overbought RSI trend from 30 minutes down to business in North America can see the field comes back. However, paired with global higher commodity prices, equity support to enhance AUD / USD rally as market sentiment improved, and the Australian dollar as investors returned to crawl down from last year's estimate of the Reserve Bank of Australia can continue to advance policies kencangkan.

Japanese Yen and U.S. dollar against the open face has changed from the first day last bit, however, USD / JPY trend as noted in lower across the board may continue to lose ground. 100 as a pair continue to fail in the 88.61-SMA, we can see the exchange rate fell back to 88.00 as a pair for basic and dollar notes from August yen as a funding motion received As for the search continued rapid decline may hold currency. Union as a backup for some time a slow recovery, the possibility of future potential support for dovish policy recession USD / JPY less attention to prevent the risk of promised debt payment, and some this year Already during development can keep track of weeks ahead.

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