kiriss5678 Posted October 5, 2012 Report Share Posted October 5, 2012 Cozfx: In the Asian session, at GMT0300, AUD/USD is trading at 1.0217, with the AUD trading 0.12% lower from yesterday’s close. For the past trading session at 23:00 GMT, AUD weakened 0.24% against the USD to close at 1.0229, after data displayed that Australian trade deficit widened in August. LME Copper prices dropped 0.8% or $63.3/MT to $8275.8/MT; Aluminium prices dropped 1.6% or $34.3/MT to $2069.5/MT. In Australia, retail sales go up 0.2% in August compared to a fall of 0.8% in July. In addition, the building permits rise 6.4% in August from a revised 21.2 % fell in July. Technically, AUD/USD is predicted to find its first resistance at 1.0240, and a rose through might take it to the next resistance line of 1.0264. Also, the pair is predicted to find support at 1.0188, and a fell through might take it to the next support point of 1.0159. Coz Forex UK Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.