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 ...
Forex: This Week’s Economic Calendar (Jan. 10-14)
January 10, 2011 3:00 pm by Greg HoldenThe US dollar’s recent bullish surge resulted largely from positive fundamentals in the American job sector last week. Wednesday’s ADP Employment Change estimate showed private sector growth well above market forecasts. Friday’s NFP, while below expectations, still highlighted the 100,000+ ...
AUD/USD – Trading on News Events
October 29, 2010 12:27 pm by Greg HoldenFor traders interested in a “news trading” strategy, here is your guide. Looking at the AUD/USD over the past month, I noticed something interesting: this pair has actually been fluctuating sharply, and almost exclusively due to news events.
Bullish Correction Expected for the AUD
October 29, 2010 9:41 am by Natalie R.Following a sharp decline over the past few days, the AUD seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on AUD/NZD now, and at a great entry ...
Will the Bank of Japan Intervene in the Currency Market?
September 7, 2010 4:56 am by Greg HoldenThe US dollar’s resurgence in today’s early morning hours has led to a number of significant support levels on USD crosses being tested. The EUR/USD pair has dipped towards the 1.2790 support line, while the GBP/USD hit 1.5350 and seems ...
EUR/AUD – Short-Term Buy; Long-Term Sell
July 26, 2010 10:10 am by Greg HoldenThe euro has been losing ground against the Australian dollar (AUD) for more than a year now, but we have been seeing signs of a pause at the current level, near a price of 1.4500. Traders who were expecting positive ...
Aussie Climbs to 4-Week High on Risk Appetite
June 15, 2010 7:13 pm by Natalie R.The Australian dollar, nicknamed the Aussie, advanced as gains in commodities and Asian stocks revived demand for higher-yielding currencies. The AUD also gained more than one percent on the low-yielding Yen, to 78.99 JPY, touching its highest in nearly a ...
AUD Expected to Recover Versus Canadian Dollar
June 4, 2010 10:54 pm by Natalie R.After a rough month, the Australian Dollar may be finally on the path to recovery versus its counterparts as the release of better than expected economic data in the U.S and Australia seem to have revived demand for riskier assets ...
AUD/NZD Breaches Consolidation Trend
June 1, 2010 12:50 pm by Greg HoldenThe recent trend which has been forming on the AUD/NZD daily chart appears to have come to an end today. After a month of consolidating towards the 1.2400 price level, the New Zealand Dollar (NZD) seems to have gained the ...
