The Australian dollar stalls as commodity prices consolidate. The rally above 0.7310, a major supply area, has weakened selling pressure and put the pair on a bullish reversal course. The Aussie’s parabolic ascent and an overbought RSI prompted short-term buyers to take profit. As the RSI swings back into the oversold zone, the bulls may […]
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…