The provided chart displays the AUD/USD currency pair on the H1 timeframe, highlighting recent market activity and key technical indicators that offer insight into potential price movements. The chart showcases candlestick patterns, a moving average...
The currency pair retreated against the Dollar on Tuesday, hovering near the 0.6300 region after recent gains. The pair’s movements are influenced by diverging monetary policy outlooks between the RBA and the Federal Reserve (Fed). The...
The currency pair has risen sharply, reaching near 1.0440, fueled by a weakened US Dollar (USD) and the Euro’s (EUR) sustained performance. This surge comes on the back of strong Eurozone economic data, which have tempered expectations for...
The currency pair saw renewed dip-buying interest at the start of the week, halting its corrective decline from last week’s high—the strongest level since March 2020. As the European session unfolds, spot prices show modest intraday gains and...
The currency pair continues to trade steadily around the 163.50 mark during Tuesday’s session, supported by a weakening of the pair. This decline in the price is primarily attributed to uncertain market expectations regarding potential rate hikes....
