Another Rough Week for Australian Dollar
AUD/USD close to 9-month lows China fails to cut 5-year LPR The Australian dollar is […]
AUD/JPY Technical: Watch 92.80 Key Downside Trigger Level
Weak medium-term momentum may kickstart a medium-term downtrend phase for AUD/JPY. Key short-term resistance stands […]
Australian Dollar Lower on Evergrande Bankruptcy
The Australian dollar’s slide continues Evergrande bankruptcy raises contagion fears It has been all red […]
The Everything Selloff
The global selloff intensified yesterday, after the FOMC minutes released Wednesday highlighted that the Federal […]
Stocks Try to Rebound as Global Bond Yields Hit 15-year High
Now that we heard from Walmart, it is clear that the US consumer is still […]
AUD/USD: Aussie Dollar Hit New Multi-Month Low, But Bears Faced Strong Headwinds
Australian dollar spiked to the lowest since early November on Wednesday, hit by downbeat Australia’s […]
AUDUSD Sinks to Fresh 2023 Low, Looking Oversold
AUDUSD has been in an aggressive decline after its latest bullish breakout from the rectangle encountered […]
GBP/AUD: Bullish Run Extends as England Ends Matildas Mania
UK core inflation remains elevated at 6.9% and above the consensus estimate of 6.8% BOE […]
AUD/USD Outlook: Larger Bears May Take a Breather as Daily Studies are Oversold
Wednesday’s Asian / European action was so far shaped in a long-legged Doji candle, signaling […]
AUD/USD Dips Below 0.6500, FOMC Minutes Next
Key Highlights AUD/USD traded below the 0.6500 support zone. A major bearish trend line is […]
Aussie Trading South, Targeting 78.6% Fib at 0.64
Aussie has been bearish since start of the year, with a higher degree A-B-C decline […]