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June 29th news, according to the Japan Meteorological Agency on June 29th, at about 16:12 local time, a 5.1-magnitude earthquake occurred near the coast of the Tokara Islands in Kagoshima Prefecture, Japan, with a maximum tremor of 4. The focal depth was 30 kilometers.June 29, according to The Sun, Russian President Vladimir Putin launched a major attack on much of Ukraine, with Ukrainian Air Force Communications Chief Yuri Inat calling the nighttime attack the largest airstrike in three years of conflict. The report said that the Russian army simultaneously attacked several cities with cruise missiles, hypersonic missiles and Iranian-designed "Witness" (Shahed) attack drones. In addition, the Russian army also launched four "Dagger" and seven "Iskander-M/KN-23" ballistic missiles at Ukraine, and dispatched Tu-95 strategic bombers and MiG fighters. One of the worst-hit cities was Kremenchuk, the report said, with the airstrike setting the city on fire and dozens of explosions lighting up the night sky.June 29, Ukrainian officials said on Sunday that Russia launched the largest air strike against Ukraine since the beginning of the conflict at night, according to the Associated Press. The escalating bombing campaign further shattered hopes for peace to end the three-year conflict. The Ukrainian Air Force said that the Russian army launched a total of 537 air strike weapons at Ukraine, including 477 drones (including decoy drones) and 60 missiles. Among them, 249 drones/missiles were shot down by the Ukrainian army, and another 226/missiles crashed due to failure of electronic interference. Ukrainian Air Force spokesman Yuri Ignat said that considering the number of drones and various missiles, this night attack was "the largest air strike operation." The targets of the attack covered many areas throughout Ukraine, including the western region far away from the front line. The Polish Air Force said on Sunday that Poland and its allies had urgently dispatched fighter jets to ensure the safety of Polish airspace.Ukraine said Russia launched 477 drones and 60 missiles at Ukraine overnight.Ukrainian military: An F-16 fighter jet crashed in Ukraine and the pilot was killed.

AUD/NZD Price Analysis: Bulls Surpass 1.0790 Resistance Confluence Due To Positive Australian Employment Report

Alina Haynes

Apr 13, 2023 14:19

 AUD:NZD.png

 

AUD/NZD supporters are approaching their highest levels since early March as a result of a four-day uptrend following Thursday morning's release of robust Australian employment data. At the time of publication, the currency pair is accepting bids to reestablish the multi-day high near 1.0810.

 

The Australia Bureau of Statistics (ABS) reported for the month of March that Employment Change increased by 53K compared to 20K expected and 64.6K previously, while the Unemployment Rate remained unchanged at 3.6% compared to expectations of 3.6%. In addition, the Participation Rate rose to 66.7%, exceeding the 66.7% predicted by the market.

 

The AUD/NZD pair surpassed the previous critical resistance confluence surrounding 1.0790, which was comprised of the 100-day moving average (DMA) and a one-month-old downward trend line.

 

The bullish MACD signals and stronger, non-overbought RSI (14) line contribute to the strength of the upside bias.

 

The AUD/NZD bulls are currently positioned to test the 50-day moving average of 1.0824. However, the preceding monthly apex of about 1.0895 and the round number 1.0900 may limit future gains.

 

Alternately, retracement remains elusive until the AUD/NZD pair remains above the support-turned-resistance level of 1.0790.

 

Then, a breach of the upward-sloping trend line from March 5 and the 61.8% Fibonacci retracement level of the pair's run-up from December 2022 to February 2023, located near 1.0705, could give the bears room to maneuver in their subsequent analysis.


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