General Points about AUDUSD: Looking at the new trend in the AUD/USD market, we can say that it has the potential to move further up and break the 0.6282 level. The recent bullish momentum suggests that buyers are gaining control, pushing the price...
USD/CHF Analysis Greetings and Good Morning to everyone! The ISM Service PMI made the US dollar a little weak. However, the market will remain in favor of buyers anymore. Also, the strong ISM data suggests economic resilience, supporting equity...
Technical Analysis: EUR/USD rebounds to near 1.0400 EUR/USD rises above 1.0400 as the risk-premium of the US Dollar eases amid diminishing fears of a global trade war. The ECB is expected to continue reducing interest rates amid confidence that the...
GBP/USD Price Action Momentum GBPUSD resumed its bullish rely. Buyers managed to bring the price out of the sideway area. The dollar index which weakened significantly again made GBPUSD rise again. The price position tonight is in the resistance...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...