Analysis of AUD/USD Pair: Market Trends and Technical Indicators Market Trend Overview The AUD/USD currency pair has been following a downward trend, as indicated by the price action on the chart. The use of moving averages has highlighted key...
The USD/JPY exchange rate exhibited a range-bound trading pattern early Tuesday morning, fluctuating around recent monthly highs. Investor sentiment remained cautious regarding the Bank of Japan's (BOJ) interest rate hike plans. The shift towards a...
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Oil prices held back by oversupply concerns The currency strategists at Macquarie are thrilled to report improved sentiment in the global oil market! Recently, Macquarie analysts noted a positive shift in how market participants view oil. This is...
The direction of the pair in the near term will be shaped by both technical signals and upcoming economic data. Market participants are closely watching U.S. job reports, inflation figures, and other key economic releases, as these will provide...
