Australia Holds Rates Steady, Trade Surplus Rises
July 5, 2011 8:39 pm by Greg HoldenThe Reserve Bank of Australia (RBA) held their short-term interest rates steady at 4.75% this morning, meeting analyst expectations. The value of the Australian dollar (AUD) was largely affected in a bizarre neutral fashion. The currency appears to be holding ...
Aussie Slumps to 4-Day Low vs. USD
April 19, 2011 2:37 pm by Greg HoldenThe Australian dollar (AUD) remains bullish in spite of monetary tightening in China. However, the concerns that restricted bank requirements for Chinese banks would impact its Pacific neighbors initially drove the Aussie to a 4-day low against the US dollar ...
Aussie Dollar Inching Lower as China Hints at Policy Adjustment
April 15, 2011 4:25 pm by Greg HoldenTalks of a possible tightening of China’s monetary policy has a number of Pacific traders adjusting their portfolios ahead of the move, which has apparently caused a draw-down in the strength of the Australian dollar (AUD). The Aussie’s recent bullishness ...
AUD/NZD May See Bullish Reversal
April 6, 2011 6:58 am by Dan EduardOver the last week and a half, the AUD/NZD has experienced a bearish trend that has brought the pair down over 300 pips. Technical indicators are now showing that the pair may be in store for a bullish correction ...
Sell Signals on AUD/USD
March 25, 2011 8:51 am by Anton EljwizatThe AUD/USD experienced much bullishness in the past few days, as it now stands at 1.0240. However; it seems that this trend may be coming to an end. I will illustrate below that the AUD/USD may very well be heading ...
AUD/USD Rally Impending
March 9, 2011 7:30 am by Greg HoldenA brief look over our technical charts reveals a possible opportunity to earn a quick buck on the AUD/USD.
AUD Toying with Key Resistance Levels
March 2, 2011 11:00 am by Greg HoldenFor those watching, the persistent rise of the Australian dollar (AUD) was given impetus recently by soaring commodity prices. With Australia’s economy linked with the price of precious metals, the climb in Gold and Silver has been met by a ...
AUD/USD- Technical Update
February 28, 2011 1:11 pm by Anton EljwizatA bullish movement in AUD/USD has pushed a number of technical indicators into the over-bought territory. As I will demonstrate below, the AUD/USD may very well be heading for a reversal, as a bearish cross has taken place on the ...
AUD/USD Likely to Turn Bearish
February 28, 2011 8:09 am by Dan EduardAfter spending the last week in a prolonged upward trend, it appears that the AUD/USD pair may have finally hit a significant resistance line. Technical indicators are showing that the pair is likely to turn bearish in the near ...
USD Set to Make Gains on Aussie
February 7, 2011 5:29 pm by Dan EduardFollowing more than a week of prolonged upward movement, it appears that the AUD/USD may be due for a downward correction. Technical data on the daily chart for the pair is showing that an impending bearish move is likely ...
