AUD News Reviews 

AUD Daily Review February 14, 2019

AUD Daily Review for February 14, 2019 Here’s Why Saudi Aramco May Be Coming To An Oil Field Near You Saudi Arabia’s national oil company is gearing to buy up oil and gas assets around the world.   Breaking: US President Trump considering 60-day extension for deadline on higher tariffs for China imports, Aussie tests 0.7120 US President Trump considering 60-day extension for deadline on higher tariffs for China imports, Aussie tests 0.7120   AUDNZD Looking to Extend Breakdown Below Support AUDNZD was hit hard yesterday on Kiwi strength, now…

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AUD News Reviews 

AUD Daily Review February 13, 2019

AUD Daily Review for February 13, 2019 AUD/NZD: All eyes on Australian confidence data and RBNZ The Australian Dollar (AUD) trades little changed around 1.0530 against the New Zealand Dollar (NZD) while Asian trading just began on Wednesday. The   AUD/USD Technical Analysis: Rebound May Offer Opening to Sell An Australian Dollar bounce may present sellers with a trading opportunity once tangible evidence of upside exhaustion begin to emerge.   AUD: Scope to extend recent gains to the EUR 0.6350/0.6400 – Westpac Sean Callow, analyst at Westpac, suggests that they…

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AUD News Reviews 

AUD Daily Review February 12, 2019

AUD Daily Review for February 12, 2019 AUD/USD steadies near 0.7060 ahead of housing data After losing more than 100 pips in the previous week, the AUD/USD pair started the new week under pressure and dropped to its lowest level since early   AUD/JPY May Struggle to Breach and Sustain Movement Above 79.055 AUD/JPY may encounter difficulty breaching a key resistance at 79.055 after Dovish comments from the RBA sent the Aussie down.   Crude Oil Analysis: Oil Rises on Aggressive Saudi Action Crude Oil Analysis: Oil Rises on Aggressive…

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AUD News Reviews 

AUD Daily Review February 11, 2019

AUD Daily Review for February 11, 2019 AUD/CHF Technical Analysis: Failure to clear 0.7175 signals pullback Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are   AUD/NZD: Increasingly undervalued – Westpac Sean Callow, analyst at Westpac, notes that the AUD/NZD has started this year drifting higher, reducing what Westpac estimates to be its prolonged und   AUD/USD struggles for direction in the 0.7080 area The Aussie Dollar is alternating gains with losses at the beginning of the week, now…

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AUD News Reviews 

AUD Daily Review February 10, 2019

AUD Daily Review for February 10, 2019 AUD/USD Snaps Upward Trend as RBA Cuts Growth & Inflation Forecast The AUD flash-crash rebound may continue to unravel following the fresh updates from the RBA as both price and the RSI snap the upward trends   AUD bullish news: Iron ore hits highest since 2014 Iron ore futures surged more than 5 percent to hit the highest level since 2014 on fears that the crisis at top miner Vale SA would create supply defi   AUD/USD Technical Analysis: 1H & 4H RSI…

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AUD News Reviews 

AUD Daily Review February 7, 2019

AUD Daily Review for February 7, 2019 AUD/NZD bulls keen for a test on the 1.05 handle on NZ jobs data big miss Following a surprisingly dovish speech from the RBA yesterday that took the shine out of AUD which has lost upside momentum against the kiwi, the NZ e   AUD/USD and NZD/USD Sink Through Support. USD Eyes Jerome Powell The S&P 500 halted its winning streak after poor German economic data, AUD/USD and NZD/USD had their worst days in years. The US Dollar eyes   AUD/USD Technical Analysis:…

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AUD News Reviews 

AUD Daily Review February 6, 2019

AUD Daily Review for February 6, 2019 AUD/USD Technical Analysis: Aussie entering the Asian session above the 0.7200 figure AUD/USD daily chart AUD/USD is trading in a bear trend below the 200-day simple moving average (SMA). AUD/USD 4-hour chart AUD/USD is tradin   AUD/JPY Technical Analysis: Line chart is reporting a classic rising wedge breakdown Daily chart Trend: bearish R3 80.66 R2 80.26 R1 79.9 PP 79.5 S1 79.14 S2 78.74 S3 78.38 Updated   AUD/USD Technical Analysis: Falling channel comes into play, RBA’s Lowe says low rates would lead…

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AUD News Reviews 

AUD Daily Review February 5, 2019

AUD Daily Review for February 5, 2019 AUD Overlooks Dismal Services Sector Performance Reading The Australian PSI collapsed 7.8 points from 52.1 to 44.3 in January and puts the sector in contraction territory.   AUD/USD Rate Risks Larger Pullback on Wait-and-See RBA Policy The Reserve Bank of Australia (RBA) meeting may fuel a larger pullback in AUD/USD as the central bank is widely expected to keep the official   When are the Australian retail sales/ trade data and how could they affect AUD/USD? Australian retail sale/ trade balance overview Markets…

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AUD News Reviews 

AUD Daily Review February 4, 2019

AUD Daily Review for February 4, 2019 AUD/CHF Technical Analysis: 200-day SMA caps gain amid soft Aussie data The Australian Dollar (AUD) trades around 0.7200 against the Swiss Franc (CHF) on early Monday. The AUD/CHF pair continues to trade under 200-day simp   AUD/USD challenges former resistance-turned-support after dismal Aussie housing data The Aussie dollar fell in the red after the Australia Bureau of Statistics (ABS) said building approvals had dived more than expected in December. To   AUD/JPY: Sellers return post-downbeat Aussie data The AUD/JPY trimmed 30 pips towards…

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AUD News Reviews 

AUD Daily Review February 3, 2019

AUD Daily Review for February 3, 2019 AUD/USD recovers to 0.7275 amid US-China trade progress, China PMI eyed Bounces-off lows amid US-China trade progress, risk-on market profile. But upside appears capped as USD stages a comeback from post-FOMC sell-off   AUD/USD nears 50-HMA support on below-forecast China Caixin PMI The AUD/USD pair is feeling the pull of gravity, now trading near the 50-hour moving average (HMA) support at 0.7238, possibly due to dismal China dat   Charts for Next Week: USD/CAD, AUD/USD, Gold Price, Dow Jones & More USD/CAD is…

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