Tag Archives: AUD/NZD
Asian Currencies Technicals
AUD/USD pulled back from Wednesday’s high and the sharply rising 21 day upper Bollinger band ($0.9513) on Thursday as daily slow stochastic,
Heavy $ losses across the board. AUD/NZD break.
EUR/USD: Given the break above the summer peak an alternate wave count, a still uncompleted upside correction, must be put in place.
Asian Currencies Technicals
AUD/USD is pausing ahead of the 100-DMA and Monday’s high with the pair closing above the 21-WMA ($0.9347) for the first time since April.
Daily FX Wrap and Strategy
The NZD/USD was launched higher yesterday morning. Subsequently it consolidated it gains until early this morning when it has subsided to 0.8160.
Asian Currencies Technicals
The bounce to start the new week for the AUD/USD spiked above both the 21-WMA and 100-DMA before closing back below as the move higher lacked follow through and
The 50 Billion Dollar Currency
* Turnover in the global FX market expanded 35% between 2010 and 2013, easily outpacing growth in global GDP and world trade
$ begins the week offered. Bullish signs €/SEK & NOK
EUR/USD: The move through 1.3325 answered the question of where to go next, to the 78.6% Fibo resistance, 1.3378.
Australian Markets Weekly
Facing up to tapering * Fed tapering to commence this week; even if watereddown and more conditional on economy
Weekly Commentary
The Reserve Bank inched one small step closer to hiking the OCR when it delivered its Monetary Policy Statement last Thursday.
Daily FX Wrap and Strategy
The NZD/USD spent most of Friday’s offshore trading session consolidating above 0.8100. Globally, currency markets struggled a bit for direction.
Asian Currencies Technicals
AUD/USD has bounced sharply higher to start the new week with the immediate focus now shifting to last week’s $0.9354 high with the 100-DMA noted just above.