Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
AUDNZD Technical Analysis Report 21 May, 2021
• AUDNZD reversed from resistance area • Likely to fall to support level 1.0700 AUDNZD currency pair recently reversed down from the resistance area lying between the resistance level 1.0800 (which has been steadily reversing…
AUDNZD Technical Analysis Report 17 May, 2021
• AUDNZD reversed from support area • Likely to rise to resistance level 1.0800 AUDNZD currency pair recently reversed up from the support zone located between the pivotal support level 1.070 (which has been reversing…
AUDNZD Technical Analysis Report 19 March, 2021
• AUDNZD reversed from resistance area • Likely to rise to fall to support level 1.0760 AUDNZD currency pair recently reversed down from the resistance area lying between the pivotal, multi-month resistance level 1.0830 (which…
AUDNZD Technical Analysis Report 25 January, 2021
• AUDNZD broke key support level 1.0760 • Likely to fall to support level 1.0660 AUDNZD currency pair recently broke the key support level 1.0760 (former monthly high from November) intersecting with the support trendline…
AUDNZD Technical Analysis Report 01 December, 2020
AUDNZD falling inside impulse wave (iii) Likely to fall to 1.0400 AUDNZD continues to fall inside the minor downward impulse wave (iii) which started earlier from the key resistance level 1.0535 (former strong support from…
AUDNZD Technical Analysis Report 20 November, 2020
AUDNZD broke key support level 1.0540 Likely to fall to 1.0430 AUDNZD continues to decline after the pair broke the key support level 1.0540 (former monthly low from July, which also reversed the previous minor…
AUDNZD Technical Analysis Report 17 November, 2020
AUDNZD reversed from support level 1.0540 Likely to rise 1.0685 AUDNZD continues to rise steadily today after the pair reversed up sharply from the key support level 1.0540 (former monthly low from July), intersecting with…
More Volatility Possible for AUD Following RBA Comments
Reserve Bank of Australia’s Governor Lowe indicated in comments last night that the bank is considering easing monetary policy further in light of current market conditions and global impacts from Covid-19. In any case, the…
