AUD/NZD

AUD/NZD Technical Analysis for July 20, 2011

AUD/NZD Technical Analysis for July 20, 2011

By forexmansion.com

  AUD/NZD fell hard on Tuesday, but managed a bounce towards the end of the day as traders came into the market to support it. The truth is that the 1.25 level has been defended, and we might see a bounce from here. This will only be a chance to sell this pair again unless...

AUD/NZD Looking at 1.24 after Clearing 1.28; Wait...

AUD/NZD Looking at 1.24 after Clearing 1.28; Wait for...

By FXTimes

Forex Technical Update Prev: Aussie Remains Pressured after RBA Meeting Minutes (6/21) AUD/NZD - After breaking below an important support at 1.28, the AUD/NZD went on to break below the 1.2720, 61.8% retracement level. - The daily chart shows the RSI pushed back below 30 to establish further bearish...

AUD/NZD Technical Analysis for July 19, 2011

AUD/NZD Technical Analysis for July 19, 2011

By forexmansion.com

  The AUD/NZD pair had a back-and-forth day as the markets stayed in a fairly flat range. The market is suddenly bearish, and we feel a bounce would only be a selling opportunity in the long run. A break of the lows on Monday also presents another selling opportunity. We don’t like buying this pair...

AUD/NZD Technical Analysis for July 18, 2011

AUD/NZD Technical Analysis for July 18, 2011

By forexmansion.com

  AUD/NZD had down day on Friday, sending the pair much lower as the uptrend seems to be coming to an end. The pair looks set to target the 1.25 level, and we have the next major support area as 1.23 – a few hundred pips below. We like selling rallies as the market has...

AUD/NZD Technical Analysis for the Week of July...

AUD/NZD Technical Analysis for July 20, 2011

By forexmansion.com

  AUD/NZD fell hard on Tuesday, but managed a bounce towards the end of the day as traders came into the market to support it. The truth is that the 1.25 level has been defended, and we might see a bounce from here. This will only be a chance to sell this pair again unless...

 
 
 
 
 
 

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NZD/USD Breaks Above Long-term Channel...

posted 07/19/11

Forex Technical Update Prev: NZD/USD Completes a Rising Wedge with Extended Bearish Divergence (7/14) NZD/USD Breakout: - The NZD/USD recently completed...

 

Previewing the RBA Meeting Minutes –...

posted 07/18/11

A key risk event for the AUS will be tonight’s RBA Meeting Minutes, set to be released at 9:30PM ET. We preview this release.   Fundamental Release:...

 

Daily Forex and Market Report

posted 07/17/11

FOREX A sharp fall in the Euro (1.4074) in early Asian trading today. The Euro is trading well below the 21 week MA at 1.4287. Losses are seen...

 
 
 
 
 
 

Forex Trading

 

What Is The Smart Money Thinking...

posted 05/12/11

I chuckle as I write the title for this commentary for the very simple reason that it is a line heard so often on the sales and trading...

 
 
 
 
 
 

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