Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

AUD/NZD Price Analysis: Bulls return after strong Aussie job numbers

  • AUD/NZD rises to a one-week high after Australia’s December month employment data.
  • Monthly falling trendline on the buyers’ radar for now.
  • Sellers will hesitate to enter any trades unless prices slip below 23.6% Fibonacci retracement.

AUD/NZD surges to 1.0432, +0.50%, just after Australia’s better than forecast employment data, published early Thursday. In doing so, the pair not only surged to the highest in a week but also crossed 200-bar SMA and 61.8% Fibonacci retracement of the pair’s declines during January 01 and 08.

Read:Australia Jobs Data: Unemployment Rate: 5.1% vs 5.2% expected (AUD bullish)

As a result, the bulls will now target a downward sloping trend line from January 01, at 1.0445, as an immediate resistance, a break of which could recall mid-month top surrounding 1.0460.

During the pair’s further upside beyond 1.0460, a monthly high near 1.0500 will be in the focus.

Meanwhile, sellers will wait for the entry unless prices decline back below 23.6% Fibonacci retracement level of 1.0360. However, a 200-bar SMA level of 1.0415 can offer immediate support.

Should there be further weakness in the AUD/NZD prices below 1.0360, the current month’s low near 1.0315 may act as an intermediate halt to 1.0300 round-figure.

AUD/NZD four hour chart

Trend: Bullish

 

AUD/USD jumps 38 pips on better-than-expected Aussie jobs report

The bid tone around the AUD strengthened, pushing the AUD/USD pair higher by 38 pips after the Australian jobs data bettered estimates by a big margin
Read more Previous

Australian bond yields rise as Aussie jobless rate slips to 5.1%

Australian government bond yields are rising in response to a better-than-expected Aussie jobs report released at 00:30 GMT. At press time, the yield
Read more Next