“It took me several years to become consistently profitable. I had the great misfortune of making a lot of money quickly and thinking that I knew what I was doing. I did not. I lost all the ...
In Australia, this morning, the Export Price Index increased 4.0% in third quarter of 2011, compared to 6.0% rise in the previous quarter. Additionally, Import Price Index remained unchanged in the ...
This morning, in economic news, the National Australia Bank’s Business Confidence Index declined to -4.0 in the third quarter of 2011 from a reading of 5.0 in the preceding quarter. The Reserve ...
AUDUSD moved sideways in a range between 1.0102 and 1.0371. As long as 1.0102 key support holds, the price action in the range is treated as consolidation of uptrend from 0.9390, and one more rise ...
Remains beneath 200-day MA at 1.0384.AUD/USD’s bullish recovery has reversed beneath the long-term 200-day MA which is currently holding at 1.0384. Expect this area to cap further into the ...
British Inflation Suggests Stronger PoundWith yesterday's inflationary data out of Britain, it seems the pessimism in Europe isn't trickling across the English Channel, at least for now. Holiday ...
This morning, the Westpac Leading Index, in Australia, rose 0.8% (M-o-M) in August, following a 0.5% increase in the previous month.In the Asian session, at GMT0300, the pair is trading at 1.0271, ...
U.S. Dollar Trading (USD) stocks soared in the last hour of US trade on a UK guardian report that France and Germany had agreed to increase the EFSF to EUR2 Trillion to help safeguard against debt ...
Time to go down under, mate! AUD/USD's rally could be over now that stochastic is already in the overbought zone. On top of that, support turned resistance at the 1.0250 level, which coincides with ...
AUD/USD followed the lead of the majors during the morning session with early names coming into the weaker market and buying everything up as they expected a slow day which we have seen to just be ...