Technical Analysis: Australian Dollar The Australian Dollar gains ground as the RBA is widely expected to hold a hawkish stance regarding its policy outlook. The AiG Industry Index eased in September, rising 4.9 points to -18.6 from -23.5 prior...
The yen is significantly lower on Wednesday. In the European session, USD/JPY was trading at 144.82 at the time of writing, up 0.89%. The new finance minister unsettles the markets In Japan, the dust is settling on the political drama. New Prime...
The Story in the Charts: AUD/USD The analysis of the AUD/USD currency pair's price action will be the main topic of our conversation. For the AUD/USD pair, the primary trend is still upward. However, it's important to note that we have already hit...
Moving Average In Forex Trading In forex trading, moving averages (MAs) are among the most popular technical indicators. They help traders identify trends, potential reversals, and trade entry and exit points by smoothing out price data. There are...
Current Status of USD and Its Impacts on the NZD/USD Pair The USD is currently under pressure due to various factors. However, the value of the US dollar is rising, indicating a higher demand for the greenback. This situation is adversely affecting...