AUD/USD OUTLOOK ANALYSIS: On the AUD/USD H4 time frame chart, our focus today is to evaluate the potential price movement of the AUD/USD currency pair. Over the past few sessions, we’ve observed notable market activity. The buyers initially managed...
THE CURRENCY PAIR EUR-JPY The EURJPY currency pair on the daily chart looks more like it is flat between two levels 163.58 and 155.20, and since the 155 figure was visited twice and twice exited it from the top, then it can be taken for a double...
The price showed mixed performance on Thursday, largely following global market trends but ultimately losing just over one-tenth of a percent against the US Dollar (USD). The pair found support near the 50-day Exponential Moving Average (EMA) at...
In recent economic releases, Australia's employment change for July exceeded expectations, with 58.2K new jobs added, surpassing the forecast of 20.0K and the previous reading of 52.3 K. However, the unemployment rate rose to 4.2%, higher than the...
The dollar is strengthening, the euro is falling: all attention is on the US labor market The DXY dollar index soared to a 3-week high of 102.05, bringing the EUR/USD pair to strong support at 1.10. The dollar's recovery is driven by strong data on...