Key Highlights AUD/USD is trading in a range below the 0.6700 resistance. A key rising channel is forming with support at 0.6625 on the 4-hour chart. Oil prices extended gains and approached the $85.00 resistance. The US ISM Manufacturing Index could remain below 50.0 at 49.0 in June 2024. AUD/USD Technical Analysis The Aussie Dollar […]
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Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…