Tag Archives: AUD/NZD
Aussie Currencies Technicals
The 21-DMA confirmed its significance as support on Wednesday with the bounce from just ahead of this support keeping bullish hopes alive.
Aussie Currencies Technicals
Bears take comfort in the pullback from ahead of 2014 highs and relatively bearish close with immediate focus now on the $0.9322-45 region.
Aussie Currencies Technicals
The rally places thoughts of a correction on hold for now although bears will take comfort in the failure ahead of 2014 highs combined with
EUR/SEK & EUR/NOK should both be bought on dips
EURUSD: Thursday’s peak at 1.3644 (basically 78.6% of the precedingdecline) has raised confidence for
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week This month’s hawkish surprise from the RBNZ should keep the market in
Where are we?
A light period for new data is an appropriate time to take stock of where the economy is at. Short answer is that the pace appears to be coming out of the interest rate sensitive consumer.
Weekly Commentary
Last week was the climax of the New Zealand quarterlydata calendar, with March quarter GDP and current accountdata released.
Aussie Currencies Technicals
AUD/USD continued to struggle last week on the approach to the $0.9436-61 resistance region and combined with daily studies that are correcting from
Aussie Currencies Technicals
AUD/USD followed up Wednesday’s rally with an attempted continuation higher Thursday that stalled ahead of last week’s high with 2014 highs noted offering further resistance just above.
Eyes on EUR/NOK 8.20 and the NB Verdikt. EUR/USD tests resimtance.
EUR/USD remains stuck in the 1.3512\1.3588 range. USD/JPY is likely done correcting higher. This turns focus back on 101.72, 101.60 & 101.43.
Aussie Currencies Technicals
The move lower Wednesday was quickly reversed with the AUD/USD having found support ahead of the 55 & 21-DMA’s and
Look for confirmation of a correctional low in GBP/USD
EUR/USD remains stuck in the 1.3512\1.3588 range. A correctional GBP/USD low is likely not far off, possibly already at 1.6938/22.