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,...
The Kiwi pair has dropped to near the critical psychological support level of 0.5800 during North American trading hours on Tuesday. Despite a brief rebound, the Kiwi continues to struggle as it faces significant resistance. The strength of the US...
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 EUR saw gains during Tuesday’s North American session, with the Dollar retreating after testing a daily high of 1.0570. The Dollar, which measures the strength of the Greenback against six major currencies, pulled back from its recent peak of...