Forex Crunch » AUD/USD

AUD/USD: Trading the Australian Trade Balance

kenny — Wed, 04 Jan 2012 08:40:07 +0000

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 AUD/USD.

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5 Most Predictable Currency Pairs – Q1 2012

Yohay — Thu, 29 Dec 2011 12:45:54 +0000

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 predictable ones. Not all currency pairs are the same.

The nature of currency pairs tends to shift over time. Some move up the list, while others lose their charm and move down and sometimes out of the list. This is due to many factors, that change. Here is a ranked list of the top 5, with characteristics of every one of them for Q1 2012. Let’s start.

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Forex 2011 – The Year of the Tortoise and the Hare

Yohay — Thu, 22 Dec 2011 11:16:47 +0000

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 net movement, while the slower moving and sometimes frustrating pairs scored made bigger gains. This is how it looks:

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AUD/USD: Trading the Australian Retail Sales

kenny — Tue, 29 Nov 2011 22:04:47 +0000

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 details, and 5 possible outcomes for AUD/USD.

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AUD/USD: Trading the Australian Employment Change

kenny — Tue, 08 Nov 2011 22:30:48 +0000

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 details and 5 possible outcomes for AUD/USD.

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AUD/USD: Trading the Australian Building Approvals

kenny — Tue, 01 Nov 2011 10:00:59 +0000

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.

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Australian Rate Cut Chances Increase

Yohay — Wed, 26 Oct 2011 17:44:12 +0000

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 quarter, there are unofficial releases such as the MI Inflation Gauge that provide some insight. The signs of weaker inflation were seen, but the official release was important, given the surprise.

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Australian Dollar Fails to Extend Gains, Despite Good Employment Figures

Yohay — Thu, 13 Oct 2011 09:45:39 +0000

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 for a rise of 10,100 jobs. The unemployment rate also provided a nice surprise: it fell from 5.3% to 5.2%. Is this enough?

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AUD/USD: Trading the Australian Employment Change Release

kenny — Wed, 12 Oct 2011 10:00:44 +0000

Here are the details and 5 possible outcomes for AUD/USD.

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AUD/USD May Recover Even Up To Parity Area

Yohay — Thu, 06 Oct 2011 09:16:43 +0000

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.

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