FX Technical Analysis – AUD/NZD – More Downward Pressure
May 26, 2011 9:22 am by Russell GlaserFollowing today’s sharp appreciation ofthe New Zealand dollar the AUD/NZD made a breach below a key support level.
RBA Holds Rates Steady Despite Inflationary Pressures
May 3, 2011 2:49 pm by Greg HoldenThe Reserve Bank of Australia (RBA) announced this morning that it would hold its benchmark rate steady at 4.75% despite the recent surge in inflationary data releases. The result was a sudden downturn in Australian dollar (AUD) values across several ...
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 ...
SGX’s ASX Takeover Igniting Speculations of Further Mergers in the Region
October 26, 2010 4:25 pm by Natalie R.Yesterday’s formal announcement of Singapore Exchange’s takeover of ASX has been stirring Asian markets while making both investors and policy makers uneasy.
Forex News: AUD/JPY in Pennant Formation; Bearish Move Ahead?
August 18, 2010 10:43 am by Greg HoldenThe ascendant Japanese yen has continued to pull the AUD/JPY pair higher, but we are beginning to see a long-term bearish formation building. Following the sharp drop from early May, the pair has continued to fluctuate within a steadily climbing, ...
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 ...
Which Way the Aussie?
July 5, 2010 6:42 pm by Natalie R.The Australian Dollar has been enjoying exceptional growth beginning from the early global recovery days, boosted by strong fundamentals which were supported by strong exports to China and as well as six interest rate hikes since October 2009.
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 ...
