Forex Crunch » AUD/NZD

AUD/USD Trading in a Perfect Range

Yohay — Wed, 02 Sep 2009 15:43:30 +0000

The Aussie is trading in quite a fix range. Too conflicting forces keep it between the technical barriers. Taking a midweek view, AUD/USD continues to be a very predictable pair.

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AUD/USD Broke Upwards As Expected

Yohay — Fri, 13 Mar 2009 20:21:56 +0000

AUD/USD broke the narrowing channel I was talking about two days ago and made an upward break. Very close to the end of the week, it trades higher and aims for new targets. AUD/USD long is live and kicking.

On March 11th, I wrote that AUD/USD is squeezed in a narrowing channel, and that the break is close. The uptrend support and downtrend resistance were broken well before the lines were about to meet (end of March).

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Forex Daily Outlook – March 11th 2009

Yohay — Tue, 10 Mar 2009 23:23:48 +0000

Wednesday features economic indicators from all over the globe, with British Trade Balance, Federal Budget Balance, Final GDP from Japan and a rate decision in New Zealand as the top indicators.

Australia starts the day with the important figure of Home Loans expected to rise by 4%, less than 6.4% in the previous month.

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