Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD has continued its move lower after failing at the 21-DMA last Wednesday, and extending losses below the 100-DMA on Friday.
Daily FX Wrap and Strategy
From highs of almost 0.8400 on Wednesday, the NZD/USD is back flirting with important support levels around 0.8200 this morning.
Asian Currencies Technicals
AUD/USD hacontinued its move lower, breaking below the 100-DMA for the first time since mid-Sept with the immediate focus now shifting to a retest of the Sept 5 low at $0.9117.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower, around 0.8280 this morning. The NZD/USD, unusually, showed a response to yesterday’s NZ PPI data.
Asian Currencies Technicals
AUD/USD: The move higher failed at the 21-DMA on Wednesday before heading lower and taking out the previous initial support at $0.9360.
Daily FX Wrap and Strategy
Much like that faced by our footballers today, it was a bit of an uphill battle for the kiwi overnight. The NZD/USD spent the night shuffling around in a 0.8310-0.8370 range,
Asian Currencies Technicals
The $0.9360 level confirmed its significance with the AUD/USD bouncing from this level to take out $0.9424.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8360, this morning. Yesterday’s NZ Performance of Services Index for October moved up to 52.8, a 1.8 point rise from September.
Asian Currencies Technicals
AUD/USD took out initial resistance yesterday, marginally trading above the 55-DMA as daily tech studies slowly correct from oversold before the pair ran out of steam ahead of the $0.9424 resistance level.
Still Bullish AUD/NZD (Just)
Our bullish AUD/NZD Blueprint call has come under pressure in the past threeweeks. In part this reflects Chinese developments that have weighed on someAustralian commodity prices.
Markets Outlook – Chronological Order
For want of a major focal point, we are going to run through this week’s NZ data in strict chronological order. But, by execution, note the historical revisions Statistics NZ will be publishing,
Australian Markets Weekly
The wrangle over Australia’s debt ceiling has been headline news over the past week, as the Senate refused to ratify Treasurer Joe Hockey’s bill, lifting it from the current $300bn to $500bn.