The Australian dollar (AUD) experienced a brief reprieve against the US dollar (USD) on Thursday, following the release of China's Caixin Manufacturing Purchasing Managers' Index (PMI). Given Australia's close economic ties with China, any...
Technical analysis of EURJPY Today we will perform a technical analysis on EUR/JPY. What is the quality of the support and resistance levels in the market? The market also broke through the support level, and now the support level is set as...
Technical analysis of Silver According to the technical analysis of silver today, the market began to break through the support of 28.778 due to the formation of a safe-haven area in the early stage of the market. The market is currently holding on...
Date: 2nd January 2025. The USD Retraces But Can The AUDUSD Correct To 0.62320? Conclusion: *The US Dollar Index rose to its highest price since November 6th 2022 before the markets closed for New Years Day. *The Australian Dollar is the...
The AUD/USD pair slipped to 0.6180 during Thursday's trading session, reflecting a tug-of-war between a softening US Dollar and a weakening Australian Dollar. The dip follows remarks from a prominent "Fed whisperer" indicating an increased...
