Tag Archives: AUD/NZD

The dollar is giving a little something back

EURUSD: A near-term 5-wave sequence has materialized though its ‘wave-5 high’ is still missing,

The recent failed attempts at the 21-DMA resulted fresh 2014 and 4 year lows with the AUD/USD currently pausing at the Bollinger band base ($0.8518).

EUR/USD in a mid-body (1.2445) resistance recheck… USD/JPY below 117.36 would hint of a more lasting top in place…

Another failed attempt to surmount the 21-DMA Monday combined with

We might have to revise down our GDP growth forecasts for calendar 2014, even 2015 (because of the new historical base presented),

Australia does an unusually large amount of Capital Expenditure for a rich and developed country – a land of opportunity!

With the economy continuing to grow at a solid pace, the RBNZ will still be thinking about the need to eventually hike rates.

There was plenty of volatility in the NZD on Friday night. The NZD/USD ended the week at 0.7880, but well off intra-night highs.

The bounce from ahead of 2014 lows Thursday combined with the continuation higher Friday is hinting at shift higher in focus.

EURUSD: The market last night, after FOMC, printed a high at 1.2602 before retreating back to

The sell-off Wednesday has seen layers of resistance develop in the $0.8657-0.8796 region with

The NZD/USD sits at 0.7940, having fallen from intra-night highs above 0.7970.