Wall Street’s leading positive tempo in Asian markets

FXstreet.com (Chicago) – Asian markets follow Wall Street’s tempo printing wins all over the second week of October amid talks that may put an end to the shutdown as soon as later today.

The Japanese Nikkei is stronger 0.44% similarly to the Australian S&P/ASX 200 up 0.91%. In China, the Shanghai retreats 0.08% contrary to the Hang Sen 40 stronger 0.68%. In Korea, the Kospi is up 0.88% matching Indonesia’s positive performance with the IDX up 0.74%. Finally, India is also soaked in green with the S&P CNZ Nifty up 0.27% along the Sensex up 0.38%.

Earlier in Washington, President Obama agreed on meeting with congressional representatives after another proposal presented aiming to extend the debt ceiling deadline until next year and resume normal federal operations in the country.

EUR/AUD trading very bearishly, is oversold and approaching key support at 1.4192

EUR/AUD participants have forgotten where they left the “buy” button over the last 45 days or so. Can things really be that bad in Europe or great in Australia?
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AUD/CAD can’t go through strong 0.9861 limits

AUD/CAD extends parallel price action with slightly higher lows and highs after concluding retracement from 0.9861 session peaks.
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