Post Tagged with: "Aussie"
AUD/USD Outlook – May 31 – June 4
A very busy week expects Aussie traders: a rate decision, the GDP release and 11 more events will shake the Australian dollar. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked. Click to enlarge: The Australian dollar enjoyed a significant recovery this
AUD/USD Outlook – May 24-28
Everything turned against the Aussie, and it closed a terrible week with a loss of about 550 pips. The upcoming week consists of 5 events that will move the Aussie, and an updated technical analysis for AUD/USD, now at lower ground. AUD/USD chart with support and resistance lines marked. Click to enlarge: Indications for a
AUD/USD Outlook – May 17-21
Meeting minutes from the sixth rate hike and many inflation figures await Aussie traders. Here’s an outlook for the Aussie events, and an updated technical analysis for AUD/USD, now in lower ground. AUD/USD graph with support and resistance lines on it. Click to enlarge: Another volatile week saw contradicting employment figures. While more jobs than
AUD/USD Outlook – May 10-14
The Australian dollar is expecting another volatile week: job figures and the annual budget release stand out. Will the Aussie recover? Here’s an outlook for this week’s events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked. Click to enlarge: Similar to the fifth rate hike, also the past
AUD/USD Outlook – May 3-7
A very busy week expects Aussie traders with the rate decision is the key event. Here’s an outlook for the 11 Australian events, and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked. Click to enlarge: Producer prices rose by 1%, higher than expected, but consumer prices rose exactly as
AUD/USD Outlook – April 26-30
Quarterly inflation figures, as well as other indicators, will shape the direction of the Aussie this week. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked. Click to enlarge: Following the recent rate hike, there were doubts about the next move. At
AUD/USD Outlook – April 19-23
After a strong start, the Aussie surrendered to the Goldman Sachs news and closed the week lower. The upcoming will consist of the RBA’s meeting minutes among other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines on it. Click to enlarge:
Aussie Grows with China
China’s GDP was very strong. The currency that benefits the most is the Aussie, which settled above an important line. Update on this strong currency. Growth in China was very strong – an annual rate of 11.9% in the first quarter of 2010. This is better than Q4′s growth of 10.7%, and also better than
AUD/USD Outlook – April 12-16 2010
The Aussie finished an exciting week higher. The upcoming week contains a few interesting Australian figures and also one Chinese release that will move the Aussie. Here’s the outlook, and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked on it. Click to enlarge: Glenn Stevens pushed the Aussie higher
Australian Jobs Aren’t Enough Against the Greenback Strength
Australian job figure were inline with expectations. This was enough for the Aussie against the Euro, but not against the greenback. Update on the Aussie. Background: earlier this week, the Australian central bank, RBA, raised the rates to 4.25%, far higher than the rest of the world. Some analysts anticipated this move, but there was