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Iranian Revolutionary Guard: The US attack will only strengthen the blockade of the Strait of Hormuz.September 2nd - According to Iranian sources on September 1st, the Iranian armed forces have begun operations against the United States, with Iranian missiles and drones attacking US bases and interests in the region. Specific locations and targets are currently unknown. Earlier, multiple explosions were heard on Qeshm Island in southern Iran and in the Strait of Hormuz. There are currently no reports of casualties or damage to facilities. The US Central Command stated that at 12:00 PM Eastern Time on September 1st, US forces began striking targets belonging to the Islamic Revolutionary Guard Corps within Iran. The General Staff of the Iranian Armed Forces issued a statement on September 1st, stating that in response to US airstrikes on targets in Sistan-Baluchistan and Hormozgan provinces, the Iranian armed forces will launch a devastating attack on Americas enemies.According to Al Jazeera, Iranian local officials said the US attack on Girovt airport caused no casualties and only minor damage.The Iranian Revolutionary Guard stated that the US attack would only strengthen security in the Strait of Hormuz. Iran has begun retaliatory actions against the aggressors and, in the first phase of the operation, used a new air defense system to shoot down the 50th advanced MQ-9 drone belonging to the US aggressors.The office of the governor of Hormozgan Province, Iran: Hostile forces in the United States have barbarically invaded our territory and attacked a residential area in Kostak, committing war crimes once again in Hormozgan Province.

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.


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