Australian Dollar Forecast: The US Dollar Revives
Forecast for the Australian Dollar: Bearish The Australian Dollar is still vulnerable to a pirouette in the US Dollar. Although rate increases have come and gone, the debate is only becoming louder. As worries about a recession increase, sentiment keeps…
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GBP/USD Price Analysis: A pullback past five-week-old support at 1.2310 seems elusive.
GBP/USD recovers from its intraday low but continues to be somewhat offered. Sellers are teased by a pullback from the three-day-old horizontal resistance amid an overbought RSI and an upcoming bear MACD cross. Important SMAs reinforce the negative filters, and…
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4 Global Market Updates- 15 December, 2022
In this article, we have covered the highlights of global market news about the USD/CHF, EUR/GBP, USD/CAD and NZD/USD. USD/CHF rises away from multi-month lows, testing 0.9300 post-SNB. On Thursday, the USD/CHF pair makes a good intraday comeback from the 0.9220 regions and ends a…
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EUR/USD maintains over 1.0600 despite a weaker USD; FOMC decision in focus
On Wednesday, the EUR/USD stays limited in a range since it lacks a clear intraday direction. The pair benefits from the overall unfavorable mood around the USD. Ahead of the ECB meeting on Thursday, investors are looking to the FOMC…
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4 Global Market Updates- 14 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, GBP/JPY and USD/CAD. EUR/USD will fall to sub-1.05 levels as a result of Fed rate protest - ING Over 1.0600, the EUR/USD is stabilizing. On a credible rate protest…
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