Tag Archives: AUD/NZD

Aussie Currencies Technicals

Attempts to head higher last week lacked follow through with bulls now

AUD plunged 1.8% to 0.767 after the RBA delivered its first rate cut following an 18-month pause.

Ahead of this afternoon’s RBA Board outcome at 2.30, the AUD/USD has been given something of a leg up this morning.

Following the RBNZ’s dovish statement on Thursday,

Another big week coming up, with the RBA’s first Board meeting of the year tomorrow,

If you want a quick snapshot of all things New Zealand, then Wednesday’s your day!

For some time the big story in the world of economics has been plunging global oil prices,

A softer-than-expected US GDP report failed to materially take the shine of the USD.

Following on from Thursday’s dip below the falling daily channel base the AUD/USD

The USD is stronger across the board, helped by a steady-as-she-goes FOMC Statement yesterday.

NZD/USD looks positively sick this morning, at 0.7240.

Recent failures at the falling daily channel top followed by closes below