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 Loonie pair showed significant movement during Tuesday's Asian session, initially climbing to the 1.4200 region before retreating slightly and erasing some of the overnight gains from the 1.4005 zone. As of now, the pair trades around 1.4168,...
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...
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,...
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...