• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Domestic News: 1. One Chinese citizen trapped in the Nepal mudslide disaster has been rescued. 2. Xiaomi releases its structured data big data model, Xiaomi-TabLDM. 3. Chinas logistics demand continued to expand in August, with the business climate further improving. 4. Two departments raised the national natural disaster relief emergency response level to Level III for Fujian. 5. The National Development and Reform Commission urgently allocated 20 million yuan to support emergency recovery efforts after the rainstorm and flood disaster in Jiangxi. International News: 1. Frances national gold reserves have been entirely consolidated domestically. 2. US media: US Republicans confidence in the economy has plummeted. 3. South Koreas exports have reached a record $709.4 billion so far in 2026. 4. A temporary ceasefire has been implemented around the Zaporizhia nuclear power plant to repair external power lines. 5. Sources: The White House has vetted candidates to replace the US Deputy Secretary of Defense. 6. US representatives arrived in Moscow for negotiations; both Putin and Zelensky stated that attacks on the two capitals would be suspended for the next three days. 7. Middle East Situation—① According to Iranian media Fars News: An explosion was heard near Kharg Island, Iran; the specific cause is still unclear. ② According to Irans SNN news agency: An Iranian oil tanker near Kharg Island was attacked by a missile; there are no reports of casualties so far. ③ US Central Command: The US military sank three Iranian Revolutionary Guard oil tankers.The U.S. National Hurricane Center: Hurricane Karina is expected to weaken rapidly early next week.Ukrainian President Zelensky: From the start of the call, we are prepared to abide by the agreement to cease airstrikes on the cities involved in the negotiations. From now until the end of Saturday, and on Sunday and Monday, Ukraine is prepared to cease airstrikes on Moscow, and we also hope that Russia will take the same measures against Kyiv.Ukrainian President Zelensky: I just spoke with the special envoy of the US President, and they have begun cooperating (talks) with the Russian side today.On September 5th, the European Border and Coast Guard Agency (EBR) announced on the 4th that it had deployed a patrol vessel to the English Channel for the first time to support French search and rescue operations against overloaded migrant boats at sea. More vessels will be deployed in the coming months. According to EBR, the patrol vessel, from the Spanish Civil Guard, began operations off the French coast this week, working in conjunction with reconnaissance aircraft deployed over the English Channel since 2021. The agency emphasized that its mission is limited to supporting French search and rescue operations and does not include intercepting migrants at sea. The patrol vessel will help France gain a more comprehensive understanding of maritime dynamics, detecting, identifying, and tracking small vessels, and transmitting precise information to French authorities in real time. EBR stated that more vessels from other EU member states will join the operation in the coming months.

AUD/NZD Price Analysis: Bulls Surpass 1.0790 Resistance Confluence Due To Positive Australian Employment Report

Alina Haynes

Apr 13, 2023 14:19

 AUD:NZD.png

 

AUD/NZD supporters are approaching their highest levels since early March as a result of a four-day uptrend following Thursday morning's release of robust Australian employment data. At the time of publication, the currency pair is accepting bids to reestablish the multi-day high near 1.0810.

 

The Australia Bureau of Statistics (ABS) reported for the month of March that Employment Change increased by 53K compared to 20K expected and 64.6K previously, while the Unemployment Rate remained unchanged at 3.6% compared to expectations of 3.6%. In addition, the Participation Rate rose to 66.7%, exceeding the 66.7% predicted by the market.

 

The AUD/NZD pair surpassed the previous critical resistance confluence surrounding 1.0790, which was comprised of the 100-day moving average (DMA) and a one-month-old downward trend line.

 

The bullish MACD signals and stronger, non-overbought RSI (14) line contribute to the strength of the upside bias.

 

The AUD/NZD bulls are currently positioned to test the 50-day moving average of 1.0824. However, the preceding monthly apex of about 1.0895 and the round number 1.0900 may limit future gains.

 

Alternately, retracement remains elusive until the AUD/NZD pair remains above the support-turned-resistance level of 1.0790.

 

Then, a breach of the upward-sloping trend line from March 5 and the 61.8% Fibonacci retracement level of the pair's run-up from December 2022 to February 2023, located near 1.0705, could give the bears room to maneuver in their subsequent analysis.