The AUD/USD pair has exhibited significant weakness in recent sessions, entrenched in a bearish trend that reflects both technical and fundamental vulnerabilities. The key pivot point at 0.6550 has acted as a formidable ceiling, with price...
Economists are anticipating a significant 50 basis point rate cut by the Swiss National Bank (SNB) to stimulate economic growth amid concerns over lackluster performance in the Swiss economy. Consumer price inflation edged higher to 0.7% in recent...
The AUD/USD pair remains firmly entrenched in a bearish trend, with the pivotal resistance level of 0.6550 continuing to cap any recovery attempts. The technical indicators present a clear and unambiguous picture of a market dominated by sellers....
The AUD/USD pair continues its descent within a firmly entrenched bearish trend, reflecting a confluence of technical and fundamental factors working against the Australian Dollar. A pivotal resistance level at 0.6550 serves as a psychological...
The AUD/USD pair has remained under sustained selling pressure, with price action failing to break through the critical resistance level at 0.6550. This level has proven to be a formidable barrier, reflecting the overwhelming bearish sentiment...