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...
AUD/USD Market Forecast Greetings and Good Morning to Everyone! The market of AUD/USD had reached around the 0.6800 zone on Friday. Today, the price can continue its journey and cross the next zone of 0.6845 sooner or later. Moreover, this week, the...
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 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 Forex market, short for the foreign exchange market, is the largest and most liquid financial market in the world, where currencies are traded against one another. Unlike other financial markets, Forex operates 24 hours a day, five days a week,...