AUD/USD tests key resistance The Australian dollar soared after a hawkish RBA pressed on with a surprise 25 basis-point rate hike. The pair jumped above the first supply area of 0.6660 and might give the Read more…
Daily Pivots: (S1) 135.43; (P) 136.00; (R1) 136.88; More… With current retreat, a temporary top is formed in USD/JPY at 137.76, ahead of 137.90 resistance. Intraday bias is turned neutral for some consolidations first. Further Read more…
DXY: The DXY chart is currently showing strong bearish momentum with high confidence, triggered by a break below an ascending support line. The price is expected to potentially continue its bearish trend towards the 1st Read more…
Ethereum (ETHUSD) ended cycle from 3.10.2023 low with wave 1 at 2140.9 as the 1 hour chart below shows. The crypto-currency is now correcting cycle from 3.10.2023 low in wave 2. Internal subdivision of the Read more…
Ethereum (ETHUSD) ended cycle from 3.10.2023 low with wave 1 at 2140.9 as the 1 hour chart below shows. The crypto-currency is now correcting cycle from 3.10.2023 low in wave 2. Internal subdivision of the Read more…
Key Highlights Gold price is forming a support base above the $1,975 zone. It broke a key contracting triangle with resistance near $1,995 on the 4-hour chart. USD/JPY corrected lower after trading as high as Read more…
Australia’s retail sales turnover increased by 0.4% mom to AUD 35.3m in March, surpassing expectations of 0.2% mom. Year-on-year, sales turnover was up by 5.4% compared to the same month a year ago. Ben Dorber, Read more…
Traders are growing increasingly cautious as US stocks open significantly lower today, with selloff gaining momentum throughout the early part of the session. At the time of writing, DOW is down by over -500 points. Read more…
Traders are growing increasingly cautious as US stocks open significantly lower today, with selloff gaining momentum throughout the early part of the session. At the time of writing, DOW is down by over -500 points. Read more…