posted by
GAINSY
18 days ago
in USD, AUD, Technical
Despite Friday's rebound to 1.0323, current retreat has retained our view that further consolidation would be seen and downside risk remains for another test of support at 1.0221, break of this level would signal the decline from 1.0583 has...
posted by
Arnaud
18 days ago
in USD, EUR, JPY, GBP, CAD, AUD, Economic Indicators
Australia: The AUD rallied on Friday night after the release of the US payrolls report which was stronger than expected. Non-farm payrolls rose 165K in April, higher than the 140K expectation, while the unemployment rate fell to 7.5% from 7.6%. There ...
posted by
cleojosh
18 days ago
in AUD
FOREX AUD= is currently 0.8% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of AUD= at a ...
posted by
insensitive
19 days ago
in USD, JPY, GBP, CAD, AUD, NZD
If inflation continues to trend down, it provides further room for a rate cut leading to downward pressure on the AUD (FXA), and if retail numbers stay strong, the AUD should strengthen. (click to enlarge). (click to enlarge). Next up is the HSBC China ...
posted by
stephenlovesforex
21 days ago
in JPY, AUD, Technical
A Forex trading technical analysis video showing key support between 100.00 and 99.00 that has limited the downside since this year's high. We are pushing right into the large triangle's apex so the chance of a false break is very high, especial
posted by
GAINSY
21 days ago
in USD, AUD, Fundamental
For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0253, after building approvals in Australia slumped 5.5% in March...
posted by
stephenlovesforex
21 days ago
in EUR, AUD, Technical
A Forex trading technical analysis video shownig EURAUD continuing its incline in a trend channel from the lows seen back in the beginning of April. Yesterday's volatility saw the pair spike above the 61.8% Fibonacci retracement level from the mo
posted by
GAINSY
21 days ago
in USD, AUD, Technical
Although aussie recovered after falling to 1.0222 yesterday (just 1 tick above previous support at 1.0221), reckon upside would be limited to 1.0300 and near term downside risk remains, break of said support would signal the decline from 1.0583 i
posted by
scorpio
21 days ago
in AUD
Sterling is away from its highs against the AUD but the latest is that the market is now pricing more than a 50% chance of an RBA interest rate cut next week. A gauge of Chinese non-manufacturing activity showed a significant slowdown, which is once ...
posted by
rosales
21 days ago
in AUD, Economic Indicators
Inflation is lower-than-expected. The March quarter consumer price index (CPI) figures showed that the inflation rate is comfortably within the RBA's target band of 2 to 3 per cent. This gives the RBA room to lower rates, given the reduced possibility ...
posted by
ctrlaltdel
21 days ago
in EUR, AUD
The Australian dollar weakened after official data showed that domestic building approvals fell 5.5% in March, undermining the view that lower interest rates were boosting the housing sector. Elsewhere, the final reading of China's HSBC manufacturing ...