AUD / USD: An Hourly Time Frame Recommendation Yesterday, the market sentiment of AUDUSD was notably weak, hovering around the 0.6245 level, indicating bulls lacked the strength to drive significant price movement. Consistent holidays that started...
The price is currently grappling with a challenging landscape. Despite some initial gains against the Dollar, the currency remains near its lowest point since early December. This weakness stems from a confluence of factors, primarily the Bank of...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
The potential for further interest rate cuts from the Reserve Bank of New Zealand (RBNZ) is weighing heavily on the Kiwi, while geopolitical tensions, particularly the ongoing US-China trade dispute, are creating a climate of uncertainty that is...
The pair softened during early European trading on Thursday, edging closer to the 0.8880 level. This move comes ahead of the highly anticipated US Federal Reserve (Fed) interest rate decision later in the day, where a significant rate cut is widely...
