Browsing Tag

Aussie Dollar

AUD/USD and NZD/USD Could Dip Before Fresh Increase

AUD/USD started a strong upward move and recently tested the 0.7000 resistance. NZD/USD also climbed higher and is currently correcting gains. However, dips remain supported for a fresh increase. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a solid upward move after it [Read more...]

AUD/USD and NZD/USD Could Rebound Further

AUD/USD found a strong support near the 0.6960 level and recovered recently. NZD/USD is trading nicely and it could recover towards the 0.6650 level in the near term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar remained well supported above 0.6960 and recently bounced back [Read more...]

AUD/USD and NZD/USD Approaching Crucial Hurdles

AUD/USD started an upside correction after trading below the 0.7000 level. NZD/USD recovered nicely above 0.6620, but it seems to be approaching a major hurdle near the 0.6660 area. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined heavily and even spiked below the 0.7000 [Read more...]

AUD/USD and NZD/USD Turned Sell on Rallies

AUD/USD struggled near the 0.7175 level and recently corrected below the 0.7140 support. NZD/USD also declined recently and broke the key 0.6750 and 0.6740 support levels. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar topped near the 0.7174 level and declined recently against [Read more...]

AUD/USD and NZD/USD Target Fresh Highs

AUD/USD is gaining bullish momentum and it could break the 0.7100 resistance. Similarly, NZD/USD is trading nicely above the 0.6820 support and it may continue to climb higher. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar formed a solid support near 0.7040 and climbed higher [Read more...]

AUD/USD and NZD/USD Could Extend Losses

AUD/USD failed to break the 0.7200 resistance and declined sharply. Similarly, NZD/USD is under pressure and it recently broke the 0.6840 support level. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar declined recently and broke the 0.7160 and 0.7150 supports against the US [Read more...]

AUD/USD and NZD/USD Remain In Solid Uptrend

AUD/USD traded higher recently and broke the 0.7180 and 0.7220 resistance levels. Similarly, NZD/USD gained bullish momentum and rallied above the 0.6880 resistance. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar gained traction and moved above the 0.7200 resistance against the [Read more...]

AUD/USD and NZD/USD Could Correct Lower

AUD/USD is currently struggling to gain bullish momentum above the 0.7220 resistance. NZD/USD is also facing hurdles and it may correct lower in the near term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar recovered recently and traded above the 0.7170 resistance against the US [Read more...]

AUD/USD and NZD/USD Approaching Crucial Resistance

AUD/USD fell significantly and declined below the 0.6800 support, but later recovered nicely above 0.6940. NZD/USD also declined heavily before buyers appeared near the 0.6580 support. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar fell heavily below 0.6900 and 0.6800 before [Read more...]

AUD/USD and NZD/USD Turned Sell On Rallies

AUD/USD declined recently and broke the 0.7150 support area. NZD/USD dropped heavily below 0.6800 and now recoveries are likely to face solid hurdles on the upside. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar started a major downside move from 0.7200 and declined below 0.7150 [Read more...]