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18 Apr 2013

Forex: USD/CAD rises to session highs

FXstreet.com (Córdoba) - The US dollar rose to retest session highs versus its Canadian counterpart as risk aversion resurged during the American afternoon, weighing on stocks and other risky assets.

Having bounced from a daily low of 1.0229, USD/CAD climbed over 40 pips to the 1.0270 zone before stalling. At time of writing, the pair is trading around 1.0260/65 where it is virtually unchanged since opening.

As for technical levels, next resistances are seen at 1.0300 (psychological level) and 1.0315 (Mar 8 high), while supports could be found at 1.0230 (intraday low) and 1.0200 (psychological level).
Apr 18, 2013

Forex Flash: AUD/USD offered below 1.0397/1.0422 – Commerzbank

Renewed selling interest in the risk-associated assets is dragging the Aussie dollar below the key support at 1.0300 at the end of the trading session on Thursday...
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Apr 18, 2013

Forex: AUD/USD bounces at 1.0280 again; Back above 1.3000

After falling around 30 pips from 1.0310 to tests intra-day low at 1.0280, the AUD/USD has found support art this level again with the pair bouncing back to trade above the 1.0300.
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