Higher Services and Prices Give AUD/USD Another Reason to Move Up
AUD/USD has been declining for about a month, breaking below 0.65, but yesterday we saw a bullish reversal which sent this pair 60 pips up Full Article
AUD to USD Holds the Range After the Miss in Australian Inflation CPI
The exchange rate of AUD to USD has been consolidating in a 2 cent range since January and today's CPI inflation didn't break the range Full Article
Where Is AUD Headed After the RBA Meeting?
The rate of AUD to USD has been declining since February 2021, when the price peaked just above 0.80 and the downtrend continues Full Article
Forex Signals Brief March 18: A Plethora of Central Banks Meetings
Today we had the BOJ and RBA meetings ahead of the CPI report from Canada in the US session Full Article
AUD to USD Rate Sticks to 0.65 With Manufacturing Back in Contraction
The bearish reversing chart pattern in AUD/USD continues to unfold, with the AUD to USD falling 100 pips lower and breaking below 0.65 Full Article
AUD Little Changed As Australia Inflation (Goods) Holds Steady
The Consumer Price Index (CPI) data showed that Australian inflation remained steady on a yearly basis but monthly inflation rate rose Full Article
Where Is AUD/USD Headed After RBA’s Lowe and May Inflation?
AUD/USD has broken below the 3-month range and now the bottom of it has turned into resistance, rejecting the price Full Article
Weaker Fundamentals Keeping AUD Soft
AUD/USD is feeling the weight from softer economic data from China and global recession fears which will likely keep it bearish Full Article
Decisive Test for AUD/USD After Hawkish RBA Expectations
AUS/USD has been on a bearish trend for more than 2 years, but now buyers are testing the 200 daily SMA as the RBA returns to rate hikes Full Article
AUD/USD Unable to Overtake the 200 Daily SMA
AUD/USD retested the 200 daily SMA last week as the USD turned bearish on a hawkish rate hike by the FED, but failed once again Full Article
AUD/USD Reverses Lower, on Softer RBA Minutes
AUD/USD is showing signs of weakness as it reverses lower after the RBA minutes last night pointed to a pause in rate hikes Full Article
Forex Signals Brief for March 7: RBA Raises Rates by 25 bps Again
The RBA delivered yet another rate hike, although we are heading toward the end of the process so the AUD is not benefitting much from it Full Article
AUD/USD Testing the 50 Daily SMA for A Major Bearish Reversal
AUD/USD has been bullish since October but the uptrend is in question and the 50 daily SMA will be the deciding indicator Full Article
AUD/USD Looking Bearish After the RBA
AUD/USD has made a strong bearish reversal despite increasing inflation in Australia, but sellers are facing the 50 daily SMA now Full Article
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