Technical analysis 01 June 2025 AUD/USD D-1 We open a weekly timeframe for AUD and see that earlier, after a rebound from the local maximum of 0.8000, AUD went down, and then a descending price channel was formed, within which AUD is traded at...
Oil prices experienced a reversal of their earlier gains on Thursday, a direct consequence of a significant development in US trade policy. A US appeals court overturned a lower court's ruling that had previously blocked President Trump's trade...
The USD/JPY pair was observed trading just below the 144.00 level during European trading hours on Friday. The weakening of the USD/JPY pair was largely attributed to a broad strengthening of the Japanese Yen (JPY), which followed the release of...
In a significant move that shook financial markets, Moody’s downgraded the U.S. credit rating from Aaa to Aa1, echoing earlier actions by Fitch Ratings in 2023 and Standard Poor’s back in 2011. The downgrade underscores growing concerns over the...
Over the past month, the USD/CHF (US Dollar/Swiss Franc) currency pair has been confined within a narrow range of approximately 300 points. This tight trading band indicates a period of consolidation, where neither buyers nor sellers have gained...
