Tag Archives: AUD/NZD
Looking to sell EUR/JPY, NOK/SEK turning up
EUR/USD: After a minor consolidation, a bear flag, the market brokedown to a fresh low, 1.3749. With the market how havingfallen 161.8% of the first, Mar 13-14,
Asian Currencies Technicals
AUD/USD put in a double daily top around the $0.9038 level on Wednesday, just short of the 200-DMA with the correction lower pausing just short of the Mar 13 low on Thursday.
Asian Currencies Technicals
AUD/USD put in a double daily top Wednesday, just short of the 200-DMA, before correcting sharply lower. The sharp move lower eases the previous bullish pressure with bears looking for
Asian Currencies Technicals
AUD/USD bounced from just ahead of the $0.9050 hourly support level on Tuesday with the move to fresh 2014 and 3 month highs seeing the pair on track to retest the 200-DMA.
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
Weekly Commentary
As was widely expected, the Reserve Bank lifted theOfficial Cash Rate to 2.75% last week, and signalled anextended series of hikes over the course of the next fewyears.
Asian Currencies Technicals
The AUD/USD marginally dipped below the 21-DMA ($0.9004) again on Friday before bouncing to retest the 100-DMA. The move below Friday’s low to
Asian Currencies Technicals
AUD/USD broke sharply above the $0.9000 level yesterday with the move initially heading above the 100-DMA before dipping given back most of the gains above the $0.9000 level which is seen as pivotal.
Daily FX Wrap and Strategy
The spotlight was on Australasian currencies yesterday. The NZD/USD has pushed higher to trade at 0.8530 currently.
Asian Currencies Technicals
Following on from Tuesday’s close below the 21-DMA, the AUD/USD has consolidated below with the 55-DMA currently supporting. Consolidation below the 21-DMA sees bears in control and
Daily FX Wrap and Strategy
The NZD/USD sits above 0.8480 this morning as themarket awaits the RBNZ’s meeting today.In the absence of key data releases over the past 24-hours the NZD has traded a path between 0.8440 and 0.8490,
Weaker GBP, AUD, CAD, PLN & CNH, stronger NZD and possibly SEK
EUR/USD: In this near-term timeframe the decline looks correctionalcompared to the impulsive lift, testing 1.3915 last week.Acceleration through supports at 1.3834/26 is needed to think otherwise.