AUD/USD: Aussie Dollar Rises on Hawkish RBA/Upbeat Chinese GDP
Australian dollar rose by 0.7% in Asia / early Europe on Tuesday, lifted by hawkish […]
USD Continues to Recover
AUD/USD seeks support The Australian dollar bounced after the RBA minutes showed that another rate […]
Elliott Wave Suggests USDJPY May See Sellers Soon
Cycle from 3.24.2023 low in USDJPY is unfolding as a double three Elliott Wave structure. […]
EUR/USD: Growing Signals of Reversal Still Need Confirmation
The Euro accelerated lower on Monday after upside attempts in early European session were capped […]
GBP/USD: British Pound Remains Under Pressure as Dollar Gains Traction
Cable remains at the back foot on Monday, but with limited extension of Friday’s nearly […]
Gold Retreats from Recent Highs; Bulls Try to Keep It Above 2,000
Gold is hovering around the March 20, 2023 high of 2,010, having retreated from the […]
EUR/USD: Short-Term Weakness Can Resume to 1.0925
As you know the US CPI came out better than expected last week at 5.0%, […]
Gold Formed an Important Bearish Pattern
A bearish engulfing pattern (1) has formed on the gold price chart. Two facts make […]
GBP/USD Corrects Gains While USD/CAD Eyes Recovery
GBP/USD faced resistance near 1.2540 and started a downside correction. USD/CAD is recovering and might […]
Dollar Index: Recovery to Likely Stall Under Key Barriers
The dollar index keeps traction in early Monday’s trading, following 0.6% bounce on Friday, sparked […]
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair declined from the 0.6795 resistance. […]
EURUSD Makes One-Year High; Bears Prepare Their Response
The EURUSD rally that started after the September 28, 2022 low of 0.9535 made a […]