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AUD/NZD gaining upside traction

AUD/NZD declines over recent weeks appear to have been temporarily stalled in the face of a bullish development.

The MACD line is tracing higher lows, when compared to recent sessions. Meanwhile, the meandering of the price structure is carving lower lows, which should give strong indication that we have seen the bottom on this pair for the time being.

EUR/SEK Bulls are losing momentum

EUR/SEK Bulls are losing momentum
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Bank of Japan likely to announce additional QE – Danske Bank

According to analysts from Danske Bank, the Bank of Japan will introduce more monetary stimulus in order to boost the economy and inflation.
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