Post Tagged with: "AUD/USD"
AUD/USD: Trading the Australian Trade Balance
Australian Trade Balance measures the change in the value of goods and services which are exported and imported every month. This indicator is particularly important for currency traders, as foreigners need to purchase Australian dollars in order to purchase Australian exports. A reading that is higher than the market forecast is bullish for the aussie. Here are all the details, and 5 possible outcomes for
5 Most Predictable Currency Pairs – Q1 2012
Not all forex pairs were born equal. Some will slow down and then bounce back when they approach a distinct line of resistance or support. If momentum is strong, they will break these lines in a convincing manner without looking back. These pairs, that have a better tendency to follow technical rules, are the more
Forex 2011 – The Year of the Tortoise and the Hare
Trading volume is thinning down towards the holiday season that marks the end of the year and it’s a good time to look back at movements of currencies in the past year. The fable of the tortoise and the hare seems appropriate to describe this year. The most volatile currency pairs had quite a limited
AUD/USD: Trading the Australian Retail Sales
Australian Retail Sales is the most important indicator of consumer spending. The indicator’s release in the first week of each month provides analysts and traders with their first look at consumer spending for the previous month. A reading that is higher than the market forecast is bearish for the US dollar. Here are all the
AUD/USD: Trading the Australian Employment Change
The Australian employment change is an important leading indicator which often has a significant impact on the markets. Traders and analysts carefully examine employment figures in trying to determine consumer spending and the health of the economy. If the Employment Change figure is better than forecast, this is bullish for the Australian dollar. Here are the
AUD/USD: Trading the Australian Building Approvals
The Australian Building Approvals indicator, released monthly, measures the change in the number of new building approvals issued. As such, it is one of the most important indicators of the construction sector. A reading that is higher than the market prediction is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at
Australian Rate Cut Chances Increase
The chances of rate cut in Australia increased significantly following the weak CPI. AUD/USD already got a blow from the release of the CPI, but a rate cut isn’t fully priced in. More significant falls depend on the actual cut and its size. Australia publishes official house price figures only once per quarter. During each
Australian Dollar Fails to Extend Gains, Despite Good Employment Figures
The Australian dollar rose by more than 800 pips in one week. But AUD/USD could not tackle a strong resistance line, despite strong employment numbers. Is it time for a break? Or are these figures just a temporary improvement in a slowing economy? Australia gained 20,400 jobs in September, more than double the early expectations
AUD/USD: Trading the Australian Employment Change Release
The Australian employment change is an important leading indicator which often has a significant impact on the markets. Traders and analysts carefully examine employment figures in trying to determine the health and direction of the economy. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 00:30 GMT. Indicator Background Job creation
AUD/USD May Recover Even Up To Parity Area
AUD/USD extended the recovery from 0.9390 region, where we believe that temporary bottom was established. The reason is an impulsive rise through the blue trend line, after the bounce from the wave (v)=(i) equality region. Guest post by Gregor Horvat As such, pair is now reversing into a higher recovery, which must be structured minimum