Retail sales in Australia came in flat in July, on a seasonally adjusted basis, the Australian Bureau of Statistics said on Thursday. more...
Daily price is breaking 0.7583 support level to below for the daily secondary correction within the bullish. The price is breaking descending triangle pattern to below for the local downtrend as the secondary correction to be continuing.Chinkou Span line of Ichimoku indicator is located above Ichimoku cloud indicating the future possible breakdown to be started in the near future.Trend Strength indicator and Absolute Strength indicator are estimating the trend as the correctional ...
Members of the Reserve Bank of Australia's monetary policy board said that additional stimulus likely would aid the prospects for the country's economic, minutes from the central bank's August 2 revealed on Tuesday. more...
The Australian Dollar is testing familiar resistance above the 0.76 threshold against its US counterpart after prices found support above the 0.74 figure. The pair has been capped here since late June, with a sustained upward push this time around threatening April’s swing top. A daily close above the 50% Fibonacci expansion at 0.7649 clears the way for a challenge of the 61.8% level at 0.7768, a barrier reinforced by the April 21 high ...
The unemployment rate in Australia was a seasonally adjusted 5.8 percent in June, the Australian Bureau of Statistics said on Thursday. more...
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