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RBA stay the course - next up NZ jobs: AUDUSD and NZDUSD

August 3, 2021 6:24 AM

As widely expected, at its monthly board meeting this afternoon, the RBA kept monetary policy on hold, including its targets of 10 basis points for the cash rate and the yield on the April 2024 Australian Government bond.

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European Open: AUD higher after RBA meeting, FTSE to crack 7100?

August 3, 2021 6:02 AM

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AUDUSD vulnerable ahead of this weeks RBA communique

August 3, 2021 1:25 AM

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis