RBA Readiness to Hike Positive for AUD
The Reserve Bank of Australia kept its key rate at a 12-year high of 4.35%. […]
Dollar Took a Breather But Shows Resilience Despite More Constructive Risk Sentiment
Markets The European risk-off from last week shifted into a lower gear. Markets pondered comments […]
RBA Policy Meeting May Be Muted; Aussie Remains Choppy
RBA interest rate expected to remain unchanged Sticky inflation and economy’s uncertainty still a concern […]
Australian Dollar Drifting Ahead of RBA Decision
The Australian dollar is steady on Monday. AUD/USD is trading at 0.6605 in the European […]
Aussie Shrugs After Strong Employment Data
The Australian dollar has edged lower on Thursday. AUD/USD is trading at 0.6674 in the […]
AUDUSD: Buying The Dips at the Blue Box Area
In this technical article we’re going to take a quick look at the Elliott Wave […]
Dollar Pared Some of Sharp Losses in Wake of Fed
Markets The Fed kept the policy rate unchanged at 5.25-5.5% yesterday. The expected decision was […]
AUD/USD: Australian Dollar Rallies 1.35% as US Inflation Eases Below Expectations
Australian dollar was one of the top gainers among major currencies on Wednesday, after weaker […]
Key Factors Influencing AUDUSD: Analysis and Trading Scenarios
Bearish scenario: Sell below 0.6597 with TP1: 0.6587, TP2: 0.6579, and TP3: 0.6558, with an […]
Sluggish Forex Markets on Hold for Direction from US Non-Farm Payrolls
Forex markets remain directionless as the week’s highly anticipated central bank activities. The rate cuts […]
NFP: Markets Consolidate Ahead of Big News
Analysts are predicting a softer May Non-Farm Payroll (NFP) report, with expectations set at 151,000 […]
AUDCAD Consolidates Above Key Support Zone
AUDCAD is trading sideways, above upside channel RSI and MACD corroborate the lack of momentum […]