The AUD/USD pair caught a fresh bid in the Asian session today, retesting the highly coveted 0.6700 level. And today, the Aussie dollar gained some muscle against the greenback with the help of better-than-forecast retail sales figures. The preliminary MoM retail sales data came in at 0.2%, exceeding analysts’ predictions of 0.1%. However, the numbers […]
.63 Support Level May Be Tested" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/03/4-hours-44-250x108.png"/>
Bears’ momentum may increase AUDUSD Price Analysis – 15 March In case sellers are successful in holding the $0.66 resistance level, AUDUSD may decline below the $0.65, $0.63, and $0.62 support levels. The resistance level of $0.66 may be broken higher when buyers gain more traction, and the price may then rise as a result […]
.68 Level" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/02/4-hours-67-250x108.png"/>
The sellers’ momentum is decreasing AUDUSD Price Analysis – 22 February AUDUSD might fall to the $0.66, $0.65, and $0.63 support levels if sellers are successful in holding the $0.68 resistance level. When buyers get more momentum, the resistance level of $0.68 might be broken higher, and the price might then increase due to the […]
The Australian dollar continued to slide in the Asian session as the US dollar extended gains. Despite comments from RBA Governor Lowe, the currency failed to recover. Lowe indicated that the RBA is keeping an open mind and that further rate hikes are necessary. However, his remarks were drowned out by similarly hawkish comments from […]
.70 Resistance Level, Further Price Reduction Envisaged" decoding="async" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/02/4-hours-43-250x108.png"/>
Buyers’ momentum is decreasing AUDUSD Price Analysis – 15 February In case sellers are able to hold the $0.70 resistance level, AUDUSD might drop to the $0.68, $0.66, and $0.65 support levels. The resistance level of $0.70 may be broken higher when buyers gain more traction, and the price may then rise to levels of […]
Buyers’ momentum is increasing AUDUSD Price Analysis – 09 February AUDUSD may fall to the $0.68, $0.66, and $0.65 support levels if sellers are successful in holding the $0.70 resistance level. When buyers get additional momentum, the resistance level of $0.70 might be broken higher, and the upward momentum might then push the price […]
The Australian dollar (AUD) saw a brief increase after the Reserve Bank of Australia (RBA) raised its cash rate target to 3.35% from 3.10%. This hike, which took place on February 7, 2023, marked the 325th basis point increase since the first hike in May 2022. However, the Australian dollar has since retraced most of […]
As of today, MIOTA price has moved up by roughly 8%. And by the looks of its price action, it appears that more price increases may be experienced today in this market. MIOTA Analysis Data: IOTAj value now: $0.2523 IOTA market cap: $684.45 million MIOTA moving supply: 2.78 billion MIOTA Total Supply: 2.78 million IOTA […]
Buyers’ momentum is increasing AUDUSD Price Analysis – 01 February The resistance level of $0.71 may be broken higher when buyers gain more traction, and the upward momentum may then carry AUDUSD to levels of $0.72 and $0.73. If sellers are able to hold the $0.71 resistance level, the price may drop to the $0.70, […]
