Forex Trading Education : Forex Trading Blog by FOREXYARD

SGX’s ASX Takeover Igniting Speculations of Further Mergers in the Region

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?

The 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

The 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?

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

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

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 ...

EUR/AUD Uptrend Might Be at Its End

In the last week trading, the EUR/AUD experienced much bullishness, as it stands now at 1.4930. However as I demonstrate below, it seems that the pair's bullish run may have run of steam, and a bearish correction could be underway ...

AUD Up on Rate Hike

Potential Reversal for AUD/JPY

The volatility of the AUD/JPY pair continues to be affected by the action in the forex market. The last three weeks has seen much bullish strength in the AUD/JPY pair. However, as I demonstrate below, it seems that the pair’s ...

Australian Trade Deficit Narrows, Adds to Signs of Economic Recovery

Australia’s trade deficit narrowed in January to A$1.18 billion ($1.07 billion) from a revised A$2.17 billion in December. The better than expected result was due to the growth in exports, particularly of iron ore to China. As China’s economic growth ...