AUDUSD found strong support at the 18-month trough of 0.6965 in the previous week, rallying towards the 20-day simple moving average (SMA). However, the RSI indicator is suggesting a weakening bias as it is turning lower in the negative region, while the MACD is still holding below the zero level but is strengthening its positive move. Should the price […]
The post AUDUSD’s bullish bias in the near term could be coming to an end appeared first on Action Forex.
Consumers have been forced to make hard choices in the wake of lingering inflation. The combination of higher costs and expensive borrowing rates has made shoppers more hesitant to swipe their credit cards and pay Read more…
Europe has historically dominated the luxury fashion industry for decades, thanks to the creation of some of the world’s most renowned high-end brands, such as Chanel, Dior, Gucci, and Louis Vuitton. It all changed in Read more…
T-Mobile, one of the largest phone carriers in the U.S. with over 130 million customers nationwide, recently experienced a significant boost in profits during the last few months of 2024. In its fourth-quarter earnings report Read more…