Forex Investment and Currency Trading

Forex Investment, Forex Trading and Forex Market



Entries Tagged as 'AUDUSD'

Buy Dips on AUD

May 6th, 2008 · No Comments

USD approaching a top
Over the past month there has been biased towards USD strength as a disconnect formed between fixed interest and FX markets. This process has just about run its course. A Fed pause is now fully discounted into year’s end and a hike is priced in early next year. It’s diffi cult to [...]

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Tags: AUDUSD

Carry Trade - Australia a Better Bet?

May 1st, 2008 · No Comments

Australia seems the better bet between Oz and New Zealand as in Australia you have a more hawkish central bank and early signs of a rekindling of the M&A boom after yesterday’s announcement of a A$13B AUD-positive M&A. The move lower in gold is not bullish Aussie, but on the other hand copper and the [...]

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Tags: AUDUSD

AUD/USD: Bullish Trend Reversal Above 0.9104

March 27th, 2008 · No Comments

AUD/USD – Set to extend gains to 0.9311 after a bullish trend reversal above 0.9104.
The price retracement in AUD/USD stalled near 0.9000 after the formation of a morning doji star pattern. The resulting bullish trend reversal above 0.9104 has provided a more positive backdrop to the market. With valuations also reaching oversold levels, support [...]

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Tags: AUDUSD