Tag Archives: Aussie

AUD/USD: Short Term Uptrends Remain Dominant

The Aussie broke above the upper border of what I thought was a symmetrical triangle and moved higher. This cancelled out the pattern, although it doesn’t change the fact that further upside is expected. The pair has now reached resistance … Continue reading

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Is The Aussie Headed South?

While forex reporters and analysts have flocked to North America and Europe over the past few months, little notice has been given to what is happening in the land down under. The Aussie remains the prizewinner amongst developed nations for … Continue reading

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Aussie And Kiwi Rise On Chinese PMI Data

Talking Points: Aussie and Kiwi Rise as Chinese Manufacturing PMI Data Tops Forecasts Euro May Look Past PMI Data Set, Focus on Commentary from ECB Officials US Dollar Looking to Home Sales, PMI Data to Reignite Upward Momentum The Australian and New … Continue reading

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EUR/AUD: Inside Day In An Upward Trajectory

In the Eurozone, the Greek issues still weigh as the country is said to run out of cash this week on the 9th of April, when it will also have to face a payment of 450M euros to the IMF. … Continue reading

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Fed Expectations Sees The Greenback Rocket Past The Yen

Market awaiting Greek rhetoric Aussie capital expenditure disappoints Fonterra optimism aids Kiwi farmers No Japanese comment on dollar’s rise Currently, capital markets are beholden to any rhetoric from Greece, albeit rumor or hard fact. Any instrumental headway on Greek creditor … Continue reading

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Aussie Dollar: Kegs Are Dry!

In typical Australian fashion, the Aussie has continued to rally despite facing significant adversity. Just like the “little Aussie Battler”, the pair has fought higher to trade within a nice bullish channel, supporting its moves. However, the beer keg has … Continue reading

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AUD/USD: Breaking Out Of ‘Triangular’ Pattern And Moving Higher

The aussie has broken out of the triangular pattern and moved higher, continuing the mini-up-trend prior to the pattern’s formation. The triangle is not technically complete until it has 5 composite waves but this has only formed 4 so it … Continue reading

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AUD/USD: Mini Uptrend To Resume

Broadly speaking, on the longest time-frames, the aussie is still in a long-term down-trend, which has paused and has been consolidating over the last few months. Within that consolidation the pair has been rising up in a gentle up-trend ever … Continue reading

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Euro Awaits News On Greece Deal Progress As EU Leaders Meet

Talking Points: Aussie Dollar Drops, Yen Outperforms on Risk Aversion in Asian Trade Kiwi Dollar Seesaws on RBNZ Rhetoric, Upbeat Trade Balance Report Euro Waiting on Greece-Linked News-Flow from EU Leaders’ Summit The sentiment-linked Australian Dollar traded lower while the … Continue reading

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Aussie: How Low Will It Go?

We know for a fact that many bears are crying as they read this article, wishing they had keep their short or had the gut to reinstate their short as the Aussie falls deeper and deeper; because we are one … Continue reading

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