A last minute rally saved the week to give us the benign ending that masked the trials and tribulations in between. The action revolved around the slew of positive economic data, central bank… Continue reading
If you were scratching your head last week watching AUDUSD price action, keep scratching and say Fiddlesticks ! Many a trader died trading the AUD this week. It was the AUDNZD gangster pair… Continue reading
A cheeky interpretation of the AUDUSD chart for the week as a solemn tribute to the devastation in Nepal. And my eagle eyes tell me that the candlestick on 28 April is the… Continue reading
It would be a fool’s quest to attack Australia and the last time anyone thought about it was during WWII and even the Japanese took a deep breath at that thought. As for… Continue reading
Australia just booked the final spot in the World Cup Cricket against none other than New Zealand, the alternative being South Africa, which makes it a perfect Antipodean finish or, would have been,… Continue reading
Just some thoughts post RBNZ hike last week. Chart below compares the movements in the spread of the Central Bank official rates between NZD and AUD and the movements in the AUDNZD rate.… Continue reading