AUDUSD Price Analysis – June 22 Ability to break down the support level of $0.683 level may lead to price declination towards the support level of $0.674, and $0.600. The closing of daily candle above $0.698 level by the bulls may push the price to test the resistance levels of $0.710 and $0.717 AUD/USD Market […]
AUDUSD Price Analysis – June 15 Ability to break down the support level of $0.69 level may lead to price decline towards the support level of $0.66 and $0.65. The closing of daily candle above $0.69 level by the bulls may push the price to test the resistance levels of $0.70 and $0.71. AUD/USD Market […]
AUD/USD gets to lower price levels around 0.7030, after its renews its 3-weeks low. Bad news from China combined with risk-avoiding moves supported the downward forces. This caused the AUD/USD to drop for 4-days straight. However, the AUD/USD pairs risk gauge losses can be related to rising anxieties of rising US inflation and aggression of […]
AUD/USD is moving powerfully towards the weekly price level of 0.7127. This is because of the correction of risk-on stimuli, and the USD is losing its hold once more. AUD/USD regained all its in-day losses, and its expected to record more gains in today’s trading sessions. The strengthening of the Australian dollar started after the […]
AUDJPY Analysis – May 23 AUDJPY converts the 91.120 significant level into a bearish springboard as the market prepares to drop. Since attaining a level above this 91.120 critical level, buyers have been limited in their actions. The plan among the market investors is to leverage this level to hold off the sellers, but they […]
AUDUSD Price Analysis – April 13 Ability to break down the support level of $0.731 level may lead to price declination towards the support level of $0.717, and $0.710. The breaking up of $0.745 level by the bulls may push the price to test the resistance level of $0.755 and $0.766. AUD/USD Market Key levels: […]
In its recently concluded policy meeting, the Reserve Bank of Australia (RBA) decided to leave its interest rates unchanged at 0.1%. The bank also mentioned the rising inflation and noted that the trend could continue in the mid-term as unemployment dropped to a worse-than-expected 4%. RBA Governor Philip Lowe noted in the statement: “Over coming […]
AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance […]
The AUD/USD pair minted a new one-week high at 0.7320 in the Asian session on Thursday on the back of upbeat Australian jobs report for February. Also, headlines from warring Ukraine and China extended positive sentiments for the risk-loving Aussie. Fresh reports showed that Australia’s Unemployment Rate dropped by 10 basis points (bps) to 4% […]
