AUD/USD succumbed to further selling pressure and breached the key support at 0.6400 the figure as market participants adjusted to the dovish message at the RBA’s meeting on Tuesday The immediate up-barrier is at 0.6549, with the 200-day Simple...
EUR/USD briefly pierced the key 1.0500 support on the back of extra gains in the US Dollar, while investors have started to shift their focus to the imminent US CPI readings and the ECB’s interest rate decision Technically, the EUR/USD continues...
The Spot price is facing pressure against the USD on Tuesday, with the pair trading slightly lower. However, growing speculation suggests the Dollar could appreciate in the near term, fueled by expectations that the US Federal Reserve may implement...
Market Analysis for AUD/USD Greetings and Good Morning to everyone! The Australian Cash Rate couldn't help the buyers as it should. Because the market is still under pressure from the sellers. Therefore, I expect that the sellers will remain stable...
The price is finding it difficult to build on the modest recovery it made the previous day, as it remains on the defensive against the US Dollar (USD) in early European trading on Tuesday. Despite a brief uptick, the Yen continues to face headwinds,...