CurrencyShares Australian Dollar Trust Blog | Talkmarkets | Page 1
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Above The 40 – The Nasdaq Snatches The Baton From The S&P 500
Article By: Dr. Duru
Thursday, June 22, 2017 4:18 AM EDT
The Nasdaq powered its way back to the high of the week and looks poised again to recover its all-time high.
In this article: AZO, BBY, FL, IBB, AMZN, INTC, KMX, CAT, UVXY, QQQ, FXA, FXY, SPY Also: NKE, GS
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AUDUSD: Weakens, Faces Further Bear Pressure
Article By: FXTechstrategy Team
Wednesday, June 21, 2017 9:47 PM EDT
The pair continues to hold on to its downside pressure leaving risk lower.
In this article: FXA, UUP
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EUR/AUD Bottom?
Article By: Kathy Lien
Wednesday, June 21, 2017 5:13 PM EDT
We have a number of reasons to believe that EUR/AUD could be near a bottom. EUR/USD has found support above its 1 month low of 1.1110 while AUD/USD appears to have peaked below 0.7650.
In this article: FXE, FXA Also: UUP
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AUD/USD Slips Under 0.76 As Moody’s Downgrades Australian Banks
Article By: Yohay Elam
Monday, June 19, 2017 5:41 AM EDT
More pressure on the Aussie today after Governor Lowe kept it low. The credit rating agency Moody’s downgraded Australia’s Big Four banks. Are they worried about house prices? This is one of the worries of the RBA as well.
In this article: FXA
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E AUD/USD Elliott Wave Forecast: Bullish Contracting Triangle
Article By: Muhammad Azeem
Monday, June 19, 2017 4:16 AM EDT
In my judgment, price action in AUD/USD currency pair is now going drop more to complete the bearish pullback – wave e leg. Based on Elliott wave, the sideways price action looks like a Bullish Contracting Triangle pattern.
In this article: FXA, UDN
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