AUD:USD The AUD/USD currency pair's price action will be the subject of our analysis and discussion. Let's shift focus to the hourly chart. Previously, an ascending price channel was likely, within which AUD/USD traded at 0.6795. It's technically...
The Australian dollar is currently trading in a consolidation phase against the US dollar, following a strong performance driven by a positive business activity report. The market is anticipating further gains for the AUD as the Reserve Bank of...
Gold Price Analysis Currently, our focus is on the gold pricing movement analysis. Last Friday, gold quotes were stuck at the 2502 level, which is superficially very important to the market. On a weekly basis, in the regional time frame H4, the...
NZD/USD H4 chart On September 1, the pair briefly broke over the upper limit of its range when it achieved a high of 0.6248. However, it quickly dropped down and formed a bearish Gravestone Doji candlestick. Only a brief period of weakness, down to...
Fundamental Analysis In order to round off the trading week, Fibre fell to 1.1050 as EUR/USD continued its downward trend for the third consecutive day. The US Personal Consumption Expenditure Price Index (PCE) stayed close to expectations,...