Post Tagged with: "Aussie"
AUD/USD Outlook – August 17-21 2009
AUD/USD traded between support and resistance lines. It enjoyed the big hint of RBA Governor Stevens regarding a rate hike, but didn’t stop the greenback bulls. Here’s an outlook for this week’s 4 Australian events, and a technical analysis for AUD/USD. AUD/USD forex graph with support and resistance lines marked: Despite holding a rather high
Australian Dollar Outlook – August 10-14 2009
The Aussie discovered new high ground at the beginning of the week, but then went down under. This week’s events will shape its trading. Here’s an outlook for 6 Aussie events, and a technical analysis for AUD/USD. AUD/USD chart and important lines: Australia’s resilient job market, as well as rising house prices, sent the AUD/USD
Forex Daily Outlook – August 7th 2009
The last day of trading this week ends with a bang. Non-Farm Payrolls, king of forex is due today. There more important figures. Let’s see what’s up: As usual, the first release for today is the RBA Monetary Policy Statement. Glenn Stevens and co. will share their opinions about the current state of the economy, and
AUD/USD Outlook – August 3-7 2009
This week, AUD/USD faces 6 major events which will shape it’s trading. After closing above another resistance line, the prospects look good for the Aussie. Here’s an outlook for this week’s events, and a technical analysis for the AUD/USD: Major releases in Australia this week. The interest rate decision will stand out, but the others
AUD/USD Should Become A Major Pair
The current global crisis has shown us that the dollar is the safe haven currency. The Swiss Franc lost its status. On the other hand, Australia’s economy hasn’t been badly affected by this crisis. The Aussie should replace the Swissy in the big league of majors. Traditionally, there are four major pairs: EUR/USD, USD/JPY, GBP/USD
Forex Reads for the Weekend June 6 2009
Here are some interesting forex related articles for the weekend. They all have a scope that’s larger than a forex trading session: Casey Stubbs walks on the unbeaten path, and writes an interesting overview about the steady rise in the Iraqi Dinar and its potential. Eric deCarbonnel writes that China doesn’t need the US anymore.
Will Australia go Down Under? Aussie Outlook
Australia has avoided recession up to now. This week’s GDP could prove otherwise. In addition, a new interest rate and 3 more major events await the Australian dollar: Retail Sales, Building Approvals and Trade Balance. After AUD/USD reached 0.80, here are the things to look for this week. Australia arguably has the strongest economy in the