{"id":14918,"date":"2010-11-06T14:21:35","date_gmt":"2010-11-06T18:21:35","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14918"},"modified":"2010-11-06T14:21:35","modified_gmt":"2010-11-06T18:21:35","slug":"euro-showing-new-strength-against-the-australian-dollar","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/06\/euro-showing-new-strength-against-the-australian-dollar\/","title":{"rendered":"Euro Showing New Strength Against The Australian Dollar"},"content":{"rendered":"<p><strong>By James McKee<br \/>\n<\/strong><br \/>\nSince the recent G20 summit all eyes have been on the USD, GBP, and  the EUR to see where the Forex Currency Exchange is headed for the near  future. Speculators predict that the AUD will be experiencing a  correction due to the fact that gold is experiencing a surge in value  and Australia is one of the world&#8217;s largest producers of gold. The  current gold prices have resulted in an artificial inflation of  Australian currency is sure to correct itself soon.<\/p>\n<p>Such corrections are sure to increase the lucrative aspects of the  EUR|AUD pair in the coming days, the rally has already begun and I am  sure it will continue. Such information regarding current events is very  helpful to traders looking for a pair to watch in order to gain some  pips quickly and efficiently. Pairing the EUR with the JPY would also be  a great strategy right now because the Yen certainly seems to be on a  falling rate of value as of late. This is great news for many of us  looking for serious pippage on a given pair in the forex exchange.<\/p>\n<p>Utilizing proper chart techniques including pivot points will be key in  being successful with regard to the EUR, do not jump in and expect a  miracle just because you know that a given currency is going to behave a  certain way overall. There will always be lows to go along with the  highs of a given pair. The Bank of Japan is still acting in earnest in  an attempt to lover the value of its currency on a regular basis which  is a great indicator of the value of their currency. Bearing these  realities in mind will help you to avoid many of the pitfalls in the  Forex Currency Exchange. Stay nimble, stay aware and as always happy  trading!<\/p>\n<h3>About the Author<\/h3>\n<p>Author is a Forex trader and financial analyst residing in  Denver, Colorado. To stay up to date on all the latest developments in  the financial world and beyond be sure to check out the <a href=\"http:\/\/forex.tradingcharts.com\/foreign_exchange_rates\/\">forex exchange rates<\/a> regularly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By James McKee Since the recent G20 summit all eyes have been on the USD, GBP, and the EUR to see where the Forex Currency Exchange is headed for the near future. Speculators predict that the AUD will be experiencing a correction due to the fact that gold is experiencing a surge in value and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/11\/06\/euro-showing-new-strength-against-the-australian-dollar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Euro Showing New Strength Against The Australian Dollar&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14918","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=14918"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14918\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}