AUD/USD: More topside likely, targeting .80 cents

There has been a lot of AUD and NZD bought in the last week and this mainly real-money demand is starting to have an impact. After last week’s moves in the GBP, we cannot rule ou …
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AUD/NZD – 1.1230 breakout paves way for 1.14 retest

AUD/NZD is slowly approaching the 1.12 level after the less dovish than expected RBA statement Next key resistance lies at 1.1230; a clear break above would then pave the way for a …
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AUD/NZD – Trendline support holding so far

AUD/NZD bounced off the trendline once again The uptrend has slowed, but remains intact Key support now lies at 1.10 and buying dips towards the level makes sense, for a move back …
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BNPP: Further retreat in AUDNZD likely

The minutes to the RBA’s July meeting, released overnight, did not provide any surprises with the RBA sticking to its patient easing bias as it waits to assess the impact of the …
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ANZ: Go long AUD/NZD

ANZ: We recommend a tactical AUD/NZD long at 1.1110, stopping below support at 1.0987, targeting the 38.2% retrace of the 2011-2015 range at 1.1463, where we will reassess. Recent …
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Westpac – AUD/NZD outlook

The main impact from the RBNZ’s Q2 switch from a steady outlook to a monetary easing phase is probably already in the AUD/NZD price, following a 13% rally since Easter. The RBA i …
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AUD/NZD takes out key level; 1.1660 next

AUD/NZD has taken out the key resistance level at 1.13 this morning and stops in size have been triggered all the way up to 1.1350 The pair will likely encounter resistance at 1.15 …
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AUD/NZD – Heavy resistance ahead

1.13 is a very significant resistance level in AUD/NZD It is the double top of 2014 and the pair hasn’t traded above 1.1302 since November 2013 The rally looks overextended and h …
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AUD/NZD rallies; 1.09 next s/t target

AUD/NZD has been very well bid in the past 30 trading days and the RBA leaving rates unchanged tonight has helped the pair break above 1.08 Price action looks very bullish and a te …
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BNP Paribas: AUD/NZD to decline to 1.0340

Australian private capex expenditure declined by more than expected in Q1, falling 4.4% (vs -2.2% consensus). The capex expenditure plans for the upcoming financial year have shift …
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