AUDUSD – Aussie Dollar Approaching Crucial Resistance

AUDUSD – Aussie Dollar Approaching Crucial Resistance Key Highlights The Aussie dollar recently crawled above the 0.7500 resistance area against the US Dollar. The AUDUSD pair also managed to clear a minor bearish trend line formed on the 4-hours chart. Today, the Australian House Price Index released by the Australian Bureau of Statistics posted a rise of 2% in Q...
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AUDNZD – Aussie Dollar Poised For Downsides

AUDNZD – Aussie Dollar Poised For Downsides Key Highlights             Aussie Dollar recently moved closer to the 1.1230 area against the New Zealand Dollar where it found sellers and moved down. There was a bullish trend line formed on the hourly chart of the AUDNZD pair, which was broken to open the doors for more losses. Today, the Australian House Pr...
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AUDUSD Facing Tough Barrier Towards Upside

AUDUSD Facing Tough Barrier Towards Upside, Can it Break Higher? Key Highlights             Australian Dollar corrected from the 0.7150 low and currently facing a major resistance near 0.7250-60. If the AUDUSD pair fails to break the stated resistance area, more gains are likely moving ahead. Today, the minutes of the Reserve Bank of Australia meetings wer...
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AUDUSD – Australian Dollar Breakdown a Real Deal?

Key Highlights Aussie Dollar after failing miserably around the 0.7280 level traded lower against the US Dollar. The AUDUSD pair broke a major support trend line, which ignited a sharp downside reaction. Australian House Price Index released by the Australian Bureau of Statistics increased by 4.7% in the second quarter of 2015, compared with the preceding quarter. AU...
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AUDJPY at Critical Turning Point

Key Highlights Aussie Dollar is testing an important support area against the Japanese Yen, which if broken might set the AUDJPY pair for more losses. Australian House Price Index released by the Australian Bureau of Statistics posted an increase of 1.6 % in the first quarter of 2015, compared with the forecast of +2.3%. In Japan, the Nomura/JMMA Manufacturing PMI was r...
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