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Author Archives: AUD Editor

Forex – AUD/USD Moves Lower, Kiwi Follows in Late Trade

Investing.com – The Australian and New Zealand dollars moved lower on Monday, as Friday’s upbeat data continued to support demand for the greenback, although speculation over the next head of the Federal Reserve limited the U.S. dollar’s gains. AUD/USD was ...

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Is the AUD/USD poised for a corrective rally?

Soft treasury yields despite strong US GDP lifts AUD/USD Focus on US core PCE Having witnessed a solid rebound from the key 61.8% Fib level in the North American session on Friday, the AUD/USD looks set to revisit the 200-day ...

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AUDUSD: 1 & 4 hour charts looking positive

Preferred Strategy: AudUsd has managed to recover from its 0.7624 Friday low and wuld seem to have the legs to extend higher on Monday. With both the 1 & 4 hour charts looking positive, a run back to 0.7690/0.7700 would ...

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AUD/USD Weekly Analysis – Sunday, October 29

AUD/USD extended its bearish movement from 0.8124 to as low as 0.7624. Further decline could be expected after a minor consolidation. The next target would be at 0.7535. Resistance is at the bearish trend line on the daily chart, only ...

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