24 Jun 2015
AUD/USD taking an early bid on Tokyo
FXStreet (Guatemala) - AUD/USD is currently trading at 0.7721 with high of 0.7798 and a low of 0.7720.
AUD/USD is trading on the bid in early Tokyo, while the greenback is giving back overnight gains and its safe haven status as Asian investors get confident on a deal post the optimistic rays of overnight sentiment around Greece. In respect of the commodities, Sean Callow, analyst at Westpac Banking corporation offered a break down on overnight trade as follows:
"Spot iron ore reversed Monday’s drop, up 2.2% to $61.34/tonne. Brent crude oil also rose sharply, +2% to $64.60/bbl. COMEX copper posted a similar gain, 1.7%, but gold succumbed to the firmer USD, -$8 on the day to $1178/oz."
Technically, Valeria Bednarik offered her insights while near term range comes as 0.7678 on the bullish hammer and 0.7760. 0.7795/00 comes as next major resistance ahead of 0.7810/45 territory and June highs.
AUD/USD is trading on the bid in early Tokyo, while the greenback is giving back overnight gains and its safe haven status as Asian investors get confident on a deal post the optimistic rays of overnight sentiment around Greece. In respect of the commodities, Sean Callow, analyst at Westpac Banking corporation offered a break down on overnight trade as follows:
"Spot iron ore reversed Monday’s drop, up 2.2% to $61.34/tonne. Brent crude oil also rose sharply, +2% to $64.60/bbl. COMEX copper posted a similar gain, 1.7%, but gold succumbed to the firmer USD, -$8 on the day to $1178/oz."
Technically, Valeria Bednarik offered her insights while near term range comes as 0.7678 on the bullish hammer and 0.7760. 0.7795/00 comes as next major resistance ahead of 0.7810/45 territory and June highs.