Market News

AUD/USD is trending downward sharply, and this trend does not look to be stopping Unemployment Rate, Employment Change and RBA

The price is between a strong resistance and a strong support Business NZ Manufacturing Index and Food Price data have

The support level looks too fragile to hold the price There is not much going out in Eurozone but the

Bears are still in power There are no major economic reports in Japan but the US will release Pending Home

After a significant decline, gold price looks to be starting a bullish trend Gold is trying to cover the loss

Bears do not seem tired yet USD is being supported by the US index of business activity in the manufacturing

The descending wave is about to finish Euro-zone’s gross domestic product grew and today Euro-zone’s construction output for December will

Trendline slope is getting higher There are no major economic reports in New Zealand so NZDUSD will be chiefly under

The ascending channel is still valid The business activity indexes in the Markit and ISM services sector all were better