Saturday, October 30, 2010

New Zealand Dollar, Australian dollar test range continues to Lag behind

Daily New_Zealand_Dollar_Tests_Range_Australian_Dollar_Continues_To_Lag_Behind_body_ScreenShot015.png, New Zealand Dollar Tests Range, Australian Dollar Continues To Lag Behind winners and losers New_Zealand_Dollar_Tests_Range_Australian_Dollar_Continues_To_Lag_Behind_body_ScreenShot016.gif, New Zealand Dollar Tests Range, Australian Dollar Continues To Lag Behind Dollar New Zealand style drop from earlier this week to achieve high with 0.7556 Thursday, and high-yielding currencies may be continued to push higher throughout the day, investors to increase their risk appetite. NZD/USD is 90 points higher in day after moving to 105% of his average true range, but the kiwi Dollar may consolidate Asia session as relative 30-minute strengthen falls index from a high of 77. There may be possibility of weakening the intraday Rally after we see Paul goes with the territory overbought and course may default interval from 240-SMA in 0.7490 as couples still have narrow range carried over from the previous week. After the presentation of a limited response to the reserves of the decision, the rate of New Zealand yesterday, the meetings of the Committee of the Federal market opening planned for next week is likely to spark increased exchange rate fluctuations over the Fed quantitative investors extend to further mitigate and declarations of the decision, you can set the course for the future price action tonnes, as investors weigh prospects for monetary policy. As a result, we can result in lengthy, NZD/USD remains associated with the scope at the end of the week, but THE GDP report 3Q advanced for the United States may spark a sharp move in the exchange rate, as market participants expect the largest economy in the world, to expand the fastest pace during the three months through September. Key levels/indicators coming events trade balance (the New Zealand Dollar) balance (SEP) (YTD) (the New Zealand Dollar) (SEP) exports (the New Zealand Dollar) (SEP) imports (the New Zealand Dollar) New_Zealand_Dollar_Tests_Range_Australian_Dollar_Continues_To_Lag_Behind_body_ScreenShot0170.gif, New Zealand Dollar Tests Range, Australian Dollar Continues To Lag Behind (SEP), the Australian Dollar continued to lag behind the remainder by major currencies and remains the weakest currencies among major companies and aussie can consolidate transition in Asia trade as the prices of the shares does not have the above 20-day SMA to 0.9815. AUD/USD is nearly 70pips higher than open after you move the 0.1% of its ATR daily and Intraday rally may spiczasty throughout the day as the prices of the handles action below 240-SMA to 0.9821. As the aussie Dollar interruption from top testovani channel from August, with a 10-Day SMA (0.9816), NT $ crossing readiness to below 20-day 0.9814, contains the hotfix, the exchange rates may collect the momentum of the current transmit is strongly based on the last few weeks. As the AUD/USD retraces sharp rally may we steam again fall to 50-day SMA 0.9479 to short-term studies to support, but the recent momentum for the greenback may lead to large reversal going to November, the Dollar regains its rights against its major counterparts. As the prices of the shares does not have the above 10 and 20 day moving average, there are, of course, it seems the scope to the weakening of the Rally today as course maintains a narrow scope carried over from the previous week. Key levels/indicators coming events HIA New home sales (MOM) (SEP) private sector accounts (MOM) (SEP) private sector account (per annum) (SEP) join us to discuss the prospects for the major currencies on DailyFX forum for the discussion of this report, Contact David Song, analyst currencies: dsong@fxcm.com

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