NZD/USD: Price action around .7670 suggests interim base in place by Sean Lee

I saw some pretty impressive technical calls on Friday suggesting that an interim base was forming in the Kiwi and it looks like these guys have called it perfectly. Weekend data o …
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AUD/USD: Range trading with bearish bias by Sean Lee

Shortish-term resistance now firming at .8650 breakdown level with support near the base of a bearish channel at .8400; playing the edges of this range with a bearish bias makes go …
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AUD and NZD sitting on big levels ahead of major risk events by Sean Lee

NZD/USD: Weekly technical support at .7680; AUD/USD: Sitting presently near .8675 which is where the Sovereign buyers were last time around, with major technical support at .8645 j …
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AUD/USD: Sovereign buyers related to new bond issue: by Sean Lee

Once again the Sovereign buyers appeared in force when the AUD/USD dipped to .8680 and market chatter suggests that this is related to the new 2037 Australian bond issue. Sellers a …
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AUD on stop-loss watch for Monday morning

From the FXWW chatroom: AUD/USD: Heavy stops below .8650 on Monday morning will almost certainly get some very close scrutiny. 19:05:24 AUD/JPY: Heavy stops below 93.00 will come i …
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AUD/USD: Likely to be pressured as China reintroduces coal levies: by Sean Lee

Reports on Reuters say that China, which is the world’s largest importer of coal, will reintroduce import tariffs of between 3%-6%. Australia is the top supplier of coal to China …
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AUD/NZD – Trendline resistance towards 1.1230 eyed by Milan Cutkovic

AUD/NZD has posted a short-term double bottom at 1.1120 AUD & NZD both oversold against USD, positioning is stretched; suggests AUD/NZD may consolidate in the near-term Trendli …
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Sticking to the crosses for some shorter-term opportunities by Sean Lee

My longer-term fundamental view remains unchanged, the EUR, JPY and USD will struggle amid CB easy-ness and the commodity currencies will strengthen over time. The market has start …
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AUD/USD: Technical support looming at .8660 by Sean Lee

The lows from January at .8660 are coming into view for the AUD/USD and they might encourage some bouts of profit-taking from those clever traders who’ve been short since 93 cent …
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BNP Paribas: Short AUD/NZD

AUDNZD is still elevated relative to 2-year swap spreads suggesting a move lower towards 1.06. Despite RBNZ rhetoric overnight, the FX market is positioned very short of NZD sugg …
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