Markets on Standby; Aussie Down, Yen Recovers, as Traders Brace for Key Economic Data
Trading has remained muted as major markets recuperate from a lengthy weekend. Investors are not […]
AUD/JPY Technical: Bulls Got Stalled Again at 200-day MA
AUD/JPY Technical: Bulls Got Stalled Again at 200-day MA The medium-term up move of AUD/JPY […]
AUDJPY Remains Above Key Area as Bearish Pressure Intensifies
AUDJPY is hovering around the 91 level, just a tad above a rather busy area […]
AUDUSD Pauses Decline But Bears Still in Control
AUDUSD plummeted to a six-month low on Wednesday to find support around the key 0.6525 […]
What to Trade in June
Hey guys, this is the last full trading week in May, and many forward-looking individuals […]
AUD/USD: Key Support Zone Under Increased Pressure
Australian dollar hit new (marginally lower) 2023 low on Tuesday, in extension of fresh weakness, […]
Euro Sees Near-Term Boost, Commodity Currencies Pressured
Today’s trading session saw broad selling pressure on commodity currencies, partially due to risk-off sentiment […]
AUD/USD: The Pair May Depreciate to the Level of 0.617
The AUDUSD pair is probably building a large cycle correction b, which has the structure […]
AUD/USD Could Nosedive Below This Support
Key Highlights AUD/USD is showing bearish signs below the 0.6660 resistance. It traded below a […]
Will GBP Recover Now?
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect […]
CAD: What’s Next?
It seems like the Canadian consumer has a firm grip on their wallet, which is […]