AUDUSD – Aussie Dollar Broke Crucial Support Vs US Dollar

Key Highlights The Aussie dollar remained below 0.7700 against the US Dollar, and broke 0.7670. The AUDUSD pair moved below a monster support area at 0.7670, formed with two bullish trend lines on the 4-hours chart. Today in Australia, the Gross Domestic Product for Q4 2016 released by the Australian Bureau of Statistics posted an increase of 1.1%. The yearly chan...
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NZDUSD – Can Kiwi Dollar Surpass 0.7160 Resistance Vs USD?

NZDUSD – Can Kiwi Dollar Surpass 0.7160 Resistance Vs USD? Key Highlights The New Zealand Dollar managed to stay in an uptrend against the US Dollar with support at 0.7080. There is a crucial bullish trend line formed on the 4-hours chart of NZDUSD, which may act as a support if the pair moves down. The pair is well above the 100 simple moving average on the same ...
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AUDJPY – Aussie Dollar Trend Overwhelmingly Bearish Vs Japanese Yen

AUDJPY – Aussie Dollar Trend Overwhelmingly Bearish Vs Japanese Yen Key Highlights The Aussie dollar after a solid uptrend versus the Japanese yen, started moving down sharply. There was a monster bullish trend line formed on the hourly chart of the AUDJPY pair, which was broken during the recent downside move. Today in Australia, the Gross Domestic Product was re...
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