Daily Pivots: (S1) 1.6472; (P) 1.6523; (R1) 1.6576; More… Intraday bias in EUR/AUD remains neutral for the moment and more consolidations could be seen. On the downside, sustained break of 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 will extend larger down trend to 161.8% projection at 1.6042 next. However, considering bullish convergence […]
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AUD/USD failed to stay in a positive zone and declined below 0.7000. NZD/USD is also moving lower and might extend losses below 0.5850. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started Read more…
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Markets Unexpected weak US payrolls on Friday brought a temporary interruption from the war-related, inflationary narrative. Contrary to mostly solid US data of late (e.g. ISMs), the US economy in February shed 92k jobs. The Read more…