FXstreet.com (Córdoba) – AUD/NZD managed to break above the 1.2340/50 area that been capping the upside for the pair the last 3 weeks. The pair jumped over 100 pips after the RBNZ announced a rate hike by 25bps as expectation is now that they won’t hike for another few months.

The pair continued heading higher and reached a fresh 3-week high at 1.2383, before settling slightly lower around 1.2370 where it is currently trading, 0.81% above its opening price.

On the upside, next resistance levels could be faced at 1.2380, 1.2410 and 1.2450, while support levels might be found at 1.2340/50, 1.2300 and 1.2265.

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FXstreet.com (Córdoba) – The Pound printed important gains against the Aussie on Wednesday. GBP/AUD rallied over 250 pips to post a fresh 8-day high at 1.7523 before retreating slightly to close the day at 1.7460, 1.08% above its opening price.

The pair entered into a consolidation phase at mid-American afternoon, but the Aussie has strengthened during the Asian session and has dragged the price lower. Currently GBP/AUD trades at 1.7420, 0.18% below its Thursday’s opening price.

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FXstreet.com (Barcelona) – The AUD/JPY dropped nearly 40 pips from its session high above 78.20 in the early hours of the Asian session, brought lower on an appreciating yen and overall lower market sentiment. The pair however has most recently made movement once again to the upside, erasing those early losses and trading near even on the day.

Currently the AUD/JPY quotes at 78.16 where it continues to show bullish momentum. Immediate resistance to the upside is placed at 78.26 and later 78.46. Below, immediate support is listed at 78.07 and later 77.95.
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FXstreet.com (Córdoba) – The New Zealand M3 aggregate reached 204,370 million in June decreasing 3.3% over the year to June; this fall follows a 3.1% decrease the previous month. The money supply has been decreasing steadily since November 2009.

The NZD has shown no reaction and NZD/USD trades at 0.7230.

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FXstreet.com (Barcelona) – The Japanese yen continues to appreciate against other majors this morning with the Nikkei showing broad losses over the Asian session. The pressure is causing the CHF/JPY to extend downward, with the pair already shedding around 30 pips before finding support around the 82.50 zone.

The pair currently trades at 82.51 after touching a new intraday low of 82.44 just prior. With further slightly bearish tendencies, immediate support is listed at 82.44 and later 82.23. On the upside, resistance is placed at 82.65 and later 82.76.
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FXstreet.com (Córdoba) – EUR/AUD closed Wednesday around 1.4545, 1.02% above its opening price, boosted mainly for a weak CPI figure in Australia and risk aversion that followed disappointing US data.

The pair is settling right below 1.4550 at early Asian trade after reaching a weekly high at 1.4598 during the last NY session. EUR/AUD has dropped around 50 pips so far on Thursday but it seems to have found support at the 1.4525 area.

Currently the pair trades at 1.4540 with probable next resistance levels at 1.4570, 1.4600/10 and 1.4650, while supports could now be found around 1.4500, 1.4470 and 1.4440.

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FXstreet.com (Barcelona) – The British pound has weakened more than 40 pips against the Japanese yen this morning, with the pair once again testing the 136.00 support level. The downward trend is due to a strengthened yen over Asia on a lower overall market sentiment compared to previous sessions.

Currently the pair trades at 136.07 where it attempts to consolidate to the upside. With a slightly bearish trend, immediate support is listed at 135.75. To the upside, resistance is placed at 136.43 and 136.57.
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FXstreet.com (Barcelona) – The New Zealand dollar dropped around 80 pips against the Japanese yen directly following the expected RBNZ rate hike to 3.00%. Most recently, the NZD/JPY continues to be pressured below over Asia as the yen appreciates on higher overall risk aversion in the marketplace.

Currently the pair trades at 62.91 where it is already 0.52% lower since the opening price. Searching for support, the most immediate level is listed at 62.86. On the upside, resistance is placed at 63.02 and 63.18.
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FXstreet.com (Córdoba) – Risk aversion environment has translated into a weaker Aussie and a stronger Yen. AUD/JPY slumped from 79.30 to 78.10 on Wednesday, closing the day 1.51% below its opening price and erasing almost completely its previous weekly gains.

At late NY trade, the pair reached the lowest price this week at 77.76 but found support and has bounced slightly. AUD/JPY is struggling to hold above the 78.00 level with the Nikkei opening 1.0% lower.

Currently AUD/JPY is trading at 78.07, right where it opened Thursday. Next support levels could be found at 77.80, 77.50 and 77.20, while resistances might be faced around 78.25/30, 78.70 and 79.00.

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