Dollar/Yen drifts up to 109.7 after starting the day at 109.32 (up 0.35%)

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(Last update 1:11pm EST, June 11, 2021)

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Dollar/Yen is up to 109.7 having started the day at 109.32, overall a 0.35% move or 37 pips today.

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Asset volatility analysis shows that the upper Bollinger band is at 110.09, this is a slight indication of a slowdown.

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Overall, looking at the technical analysis landscape, it seems Dollar/Yen is likely to reverse course and start pointing down in the short term.

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Dollar/Yen has started this year by gaining 5.75%.

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After three days of going down, Dollar/Swiss up 46 pips today

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(Last update 1:11pm EST, June 11, 2021)

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Dollar/Swiss is up to 0.8992 having started the day at 0.8946, overall a 0.52% move or 46 pips today.

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Asset volatility analysis shows that the upper Bollinger band is at 0.902, this is a slight indication of a slowdown.

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Overall, looking at the technical analysis landscape, it seems Dollar/Swiss is likely to reverse course and start pointing down in the short term.

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Dollar/Swiss started the year by gaining 1.35%.

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Aussie/Dollar goes down to 0.7698 (down 59 pips) after starting the day at 0.7757

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(Last update 1:11pm EST, June 11, 2021)

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Aussie/Dollar is down to 0.7698 having started the day at 0.7757, overall a 0.77% loss or 59 pips today.

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In terms of trend indicators, we can see that medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.7685 – a low enough level to usually suggest Australian dollar is trading below its value.

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Overall, technical indicators suggest Aussie/Dollar has no obvious direction for the immediate future.

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Australian dollar has started this year by gaining 0.53%.

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