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AUD/NZD to rally further.

VAIBS1991 Posted 4 Ago as Analysis on AUD/NZD, Target: 1.096, Date: 2 di Ottobre, 12:00 GMT  in #Technical analysis #AUD/NZD #Fibo Expansion #Fibo Retracement
AUD:
In Australia the Reserve Bank of Australia is expecting the Australian economy to grow at an annual rate of around 3 percent over the next couple of years and inflation is estimated to pick up gradually as the economy strengthens. Employment growth has been stronger over recent months, and has increased in all states. The unemployment rate is expected to decline a little over the next couple of years.
NZD:
The economic situation in New Zealand has brightened in recent months as New Zealand …
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VAIBS1991 24 Set

The economic situation in New Zealand has brightened in recent months as New Zealand has turned into a trade surplus economy driven by the growth in exports of Milk products and lumber. The domestic economy is also in good shape. The unemployment rate at 4.9% in last quarter nearly touched low of 8 years. The economy is expected to gain steam further as the construction sector should show rebound next quarter.

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VAIBS1991 27 Set

In the meeting held on 5th September the RBA kept the interest rates unchanged at 1.5 % but gave much more positive indications about growth in economy.  As per recent economic data, inflation is expected to rise gradually, business investments is picking up, employment growth has become stronger, though labor hours remains week. The various forward-looking indicators point to continued growth in employment over the period ahead. Economic growth is still expected to increase gradually over the next couple of years to a little above 3%.

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VAIBS1991 28 Set

The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on September 28th, 2017. Major economic challenges such as persistent surplus capacity and extensive political uncertainty are yet to subside. GDP growth in the March quarter was lower than expected, with weaker export volumes and residential construction partially offset by stronger consumption. Headline inflation has increased over the past year in several countries, but moderated recently with the fall in energy prices. Nevertheless, the growth outlook remains positive.

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AUD/NZD analysis.

VAIBS1991 Posted 12 Mar as Analysis on AUD/NZD, Target: 1.1081, Date: 1 di Maggio, 12:00 GMT  in #Technical analysis #AUD/NZD #Ema #Fibo Expansion
The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around 2½ per cent in 2016. Exports have risen strongly and non-mining business investment has risen over the past year. Most measures of business and consumer confidence are at, or above, average. Consumption growth was stronger towards the end of the year, although growth in household income remains low.
Economic growth in New Zealand has increased as expected and is steadily drawi…
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AUD/NZD DOWNTREND MAY CONTINUE

VAIBS1991 Posted 13 Dic as Analysis on AUD/NZD, Target: 1.0029, Date: 1 di Febbraio, 12:00 GMT  in #Technical analysis #AUD/NZD
AUD/NZD is in downtrend and it may continue to trend downward.
TOOLS USED: TREND LINE, SUPPORT, PRICE ACTION ICHIMOKU
CHARTS: WEEKLY MONTHLY
WEEKLY CHART:
MONTHLY CHART:
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