AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level since March 15th. Australian inflation heads south Australia’s inflation levels have been falling and the downward trend Read more…
AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level since March 15th. Australian inflation heads south Australia’s inflation levels have been falling and the downward trend Read more…
AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level since March 15th. Australian inflation heads south Australia’s inflation levels have been falling and the downward trend Read more…
Daily Pivots: (S1) 165.86; (P) 166.44; (R1) 167.23; More… Range trading continues in GBP/JPY and intraday bias stays neutral first. Further rally is expected as long as 165.38 support holds. On the upside, break of Read more…
Daily Pivots: (S1) 165.86; (P) 166.44; (R1) 167.23; More… Range trading continues in GBP/JPY and intraday bias stays neutral first. Further rally is expected as long as 165.38 support holds. On the upside, break of Read more…
Market movers today Preliminary Q1 GDP data will be released for Sweden and the US today. Consensus is looking for a small contraction for the former (-0.1% q/q), and moderating yet still fairly solid growth Read more…
Daily Pivots: (S1) 0.9798; (P) 0.9821; (R1) 0.9864; More… Immediate focus is now on 0.9846 in EUR/CHF as rebound from 0.9774 extends. Decisive break there will argue that pull back from 0.9995 has completed. More Read more…
New Zealand ANZ Business Confidence index decrease slightly in April, dipping from -43.4 to -43.8. On the other hand, Own Activity Outlook improved from -8.5 to -7.6. A closer look at the details reveals that Read more…
The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at 90.77. We labelled the rally Read more…