AUD/USD Today I’m closely watching AUD/USD, as the pair is stuck in a bit of a tug-of-war between risk sentiment and macroeconomic cues. From a fundamental standpoint, the Aussie is feeling some pressure. The RBA minutes earlier this week came off...
The NZD/USD currency pair is currently trading at around 0.5980, which is significant because it falls within a sell zone identified by the Envelopes indicator on the hourly chart. The Envelopes tool, which helps traders identify overbought and...
The following day, the Chicago Fed Countrywide Activity Index (CFNAI), launched via the Federal Reserve financial institution of Chicago, is a monthly index designed to gauge standard monetary activity and associated inflationary stress. The AUD/USD...
Market Fundamentals: Canada’s Finance Minister, Dominic LeBlanc, recently emphasized the detrimental impact of tariffs on both the United States and Canada, underscoring the importance of continued dialogue to resolve trade tensions. His remarks...
USD/CHF I’m keeping a close watch on USD/CHF today as it trades around 0.8225, bouncing slightly off the recent low near 0.8040. That bounce has helped lift RSI out of oversold territory, which could suggest a pause—or at least a breather—in the...
