The RBA cuts its Official Cash Rate by 25 bps, citing fading upside inflation risks and global headwinds. The Australian Dollar is pressured further by…
AUD/JPY forms bullish engulfing pattern after clearing Ichimoku Cloud, signaling further upside potential. Key resistance seen at Tenkan-sen (93.95), followed by 94.36 and May’s cycle…
USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish…
Euro awaits key catalysts as traders eye Tuesday’s G7 meeting, Germany’s PPI, ECB speeches, and Eurozone Consumer Confidence. EUR/GBP tests the 50 and 100-day SMA…
The Pound Sterling gains against its major peers on Monday ahead of a potential trade deal between the UK and the EU later in the…
USD/CAD trades in a narrow range near 1.3960 on Friday, showing muted price action. Canada’s manufacturing sales fell 1.4% in March, less than what economists…
NZD/JPY trades near the 85.50 zone, reflecting a bearish tone with minor losses. Momentum is mixed, with short-term buy signals clashing with broader selling pressure.…
NZD/USD finds support as the US Dollar falters amid ongoing trade-related uncertainties. Market attention now turns to Thursday’s upcoming releases of US Retail Sales and…
Here is what you need to know on Thursday, May 15: The US Dollar (USD) struggles to find demand to start the European session on…
Bullish view Buy the EUR/USD pair and set a take-profit at 1.1300. Add a stop-loss at 1.1090. Timeline: 1-2 days. Bearish view Sell the EUR/USD…