Comprehensive Analysis of AUD/USD Trading Overview The Australian Dollar (AUD) against the US Dollar (USD) has been under significant pressure, particularly as it approaches critical support levels. The current market sentiment indicates a bearish...
AUD/USD Fundamental Analysis The AUD/USD is under some pressure today, largely influenced by global risk sentiment. Australia's latest employment data showed a slight rise in the unemployment rate to 3.8%, hinting at a cooling labour market. This...
GBP / USD: An Hourly Time Frame Road Map The market is under pressure from the bears or sellers from yesterday who pushed it below the 1.2587 level. Also, Investors should know that the GBPUSD is one of the most traded currency pairs in the foreign...
Date: 20th December 2024. BOE Sees More Support For Rate Cuts As USD Strengthens! Key Takeaways: *The US Dollar increases in value for a third consecutive day and increases its monthly rise to 2.32%. *The US Dollar Index was the best performing...
The chart reveals a dominant bearish trend, characterized by consistent lower highs and lower lows. The sharp downward movement below the 1.0450 level confirms the presence of strong selling pressure. The price is currently trading around 1.0394...
