Tag Archives: AUD/NZD
Asian Currencies Technicals
A bearish key day reversal for the AUD/USD on Wednesday after the pair marginally traded above the 200-DMA for the first time since mid-April.
Daily FX Wrap and Strategy
Along with the rest of the major currencies, the NZD/USD was swept higher by a retreating USD overnight. Investors spent most of the night holding their breath in anticipation of the
Asian Currencies Technicals
AUD/USD touched fresh 5 month highs with the mover higher spiking above the 50% Fibonacci retracement level and falling just short of the 200-DMA despite very overbought daily tech studies.
Muted Response Likely to Wednesday’s Dollar Bloc Events
The main events this week in the peripheral dollar bloc both happen on Wednesday. First is the Australian Q3 CPI data.
Daily FX Wrap and Strategy
The NZD/USD softened a little overnight, to touch 0.8440, before returning to sit above 0.8460 this morning. Yesterday’s domestic data showed the highest net immigration in 10 years,
Asian Currencies Technicals
AUD/USD marginally traded at fresh 5 month highs yesterday before consolidating as the rising 21 day upper Bollinger band ($0.9656) caught up following the recent daily closes well above.
Australian Markets Weekly
The AUD The Aussie dollar more than held its ground during the US fiscal impasse and it has strengthened even further since the deal was done.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week With the removal of US debt default risks for the next few months at least,
Weekly Commentary
Eye on the Horizon Last week we issued our long-run forecasts for the New Zealand economy, out to 2023.
Asian Currencies Technicals
AUD/USD: The move to fresh 5 month highs sees immediate focus shift to the 200-DMA at $0.9762 with a close above the June 3 high needed to confirm a break of the 200-DMA.
Asian Currencies Technicals
AUD/USD: The move higher paused ahead of the targeted $0.9665 level, closing well above the sharply rising 21 day upper Bollinger band ($0.9575).