Still a Bit of Life in AUDUSD, NZDUSD & Gold? (Video)

It is unusual to get any life in charts this time of year, but Craig Erlam, Senior Market Analyst at OANDA says there is still some! He looks at the AUDUSD FX pair chart to begin with, noting that it is potentially into correction mode. He says that the positive divergence is typically a bullish sign.

Next discussed by the pair is Gold. Craig wonders if it’s a bit of a dead cat bounce. Last chart analysed in this segment is NZDUSD. Craig looks at the chart from a technical point of view and explains why he feels it has been an interesting year for the pair and why he feels it is due a correction soon.

Watch the segment for Craig’s full technical analysis of AUDUSD, Gold and NZDUSD.

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.