Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD bounced sharply from ahead of layers of support in the $0.9286-12 region yesterday including the 100 and 21 DMA’s before stalling ahead of the $0.9358 Sept 20 high.
FX Daily Strategist: Europe
Political gridlock results in partial government shutdown The government appears to be entering into partial government shutdown mode for the first time in 17 years following a failure of Congress to provide a resolution.
Daily FX Wrap and Strategy
Month-end buying and a partial recovery in risk appetite lifted the NZD to the top of the G10 performance rankings overnight.
Asian Currencies Technicals
AUD/USD dipped below the 21 and 100-DMA’s to start the new week before closing above, but continues to look heavy as overbought daily tech studies look to correct back to more neutral levels.
Australian Markets Weekly
RBA: No housing bubble and no change this week * Initial focus this week on the US as government shutdown looms with the Budget yet to be approved; Italian Government Coalition also in strife
Weekly Commentary
We take the opportunity of a quiet data week to review the state of the New Zealand export sector. Primary exporters are enjoying remarkably buoyant conditions,
Asian Currencies Technicals
AUD/USD dipped to test the 100-DMA to end the. A close below the 100-DMA could be a significant bearish signal, especially when combined with correcting very overbought daily tech studies.
EUR/JPY mid body failure; AUD/NZD on track lower
EUR/USD: As long as holding above the 1.3440/1.3453 (mid body of the latest benchmark candle & the August peak) the current meandering will be labeled corrective.
Daily FX Wrap and Strategy
The NZD/USD found resistance at 0.8300 early this morning, returning to trade at 0.8280 currently. The NZD was predictably range-bound yesterday in the absence of local data releases.
Daily FX Wrap and Strategy
The NZD/USD has traded a fairly tight range over the past 24-hours but sits a little lower at 0.8250 this morning.
Asian Currencies Technicals
AUD/USD paused just short of the $0.8337 support yesterday and continues to remain heavy. A close below the 100-DMA could be a significant bearish signal,