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Monthly archive August, 2017

AUDNZD – Aussie Dollar Looks Set To Resume Trend Vs Kiwi Dollar

Key Points

  • The Aussie Dollar after trading as high as 1.0747 against the Kiwi Dollar corrected lower.
  • There was a break below a crucial contracting triangle pattern with support at 1.0702 on the hourly chart of AUDNZD.
  • Today in Australia, Read More →

NZDUSD – New Zealand Dollar Turned Bearish Vs US Dollar

Key Points

  • The New Zealand Dollar declined recently and moved below 0.7420 against the US Dollar.
  • There is a short-term bearish trend line with resistance at 0.7425 forming on the hourly chart of NZDUSD.
  • Today in New Zealand, the ANZ Read More →

GBP: A Dovish Twist From BoE; EUR/GBP Set To Gain Further – Danske

Danske Bank Research still views the core of the BoE Monetary Policy Committee (including governor Mark Carney) as being tilted to the dovish side after today's 6-2 vote to keep the rate unchanged.

"We still expect the BoE to Read More →

AUDJPY – Aussie Dollar Poised For Further Declines Vs Japanese Yen

Key Points

  • The Aussie Dollar made a downside move and traded below 88.00 against the Japanese Yen.
  • There is a monster contracting and declining triangle pattern with resistance at 88.00 forming on the hourly chart of AUDJPY.
  • Today in Australia, Read More →