Tag Archives: AUD/NZD

Aussie Currencies Technicals

The dip below $0.9000 to start the new week traded below the 61.8% Fibonacci support by a couple of pips before bouncing

We expect Thursday’s Q2 GDP report to show a slowdown in economic growth.

Business confidence near multi-year highs yet consumer confidence near multi-year lows.

The persistence of low inflation, despite an obviousacceleration in the pace of economic activity in NewZealand,

The NZD underperformed on Friday night along with itscommodity-linked peers (CAD, AUD).

The sell-off in the aussie cost the AUD/USD around 3.5c last week with the pressure currently on the $0.8984-95 support region.

The spike above the 200-DMA Thursday remained capped ahead of the $0.9229 resistance level before reversing lower with

EURUSD: The past three days price action has created a possible V-shaped bottom which together with 1)

We continue to make good headway south in NZD/USD, to the point that we reached our end-September target (prev. 0.84) faster than anticipated.

The correction lower from last week’s brief pop above the $0.9400 level has now resulted in the first close below

EURUSD: UR/USD looks set to deal with the stretch through a 1.2990\1.3045 retest…

The NZD continues to make headway lower, havingfollowed the AUD lower over the past 24 hours.