AUD/JPY may target the initial resistance at its three-month high of 95.65. Bullish bias prevails as the 14-day RSI is positioned above the 50 mark.…
The Canadian Dollar briefly tested a fresh six-month high against the Greenback on Monday. June market trading kicked off with a fresh bout of US…
Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will weigh on price action into the OPEC…
AUD/USD may target a six-month high at 0.6537, reached on Monday. The RSI remains above the 50 level, reinforcing the prevailing bullish bias. The crucial…
The Canadian Dollar tested new seven-month peaks against the US Dollar on Monday. A quiet start to the trading week thanks to the US holiday.…
USD/CAD may find initial resistance at its six-week high of 1.4016. The 14-day RSI remains slightly above 50, indicating continued bullish bias. The immediate support…
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs. Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index.…
The Australian dollar has shown itself to be fairly weak against the Japanese yen here during the trading session on Thursday. All things being equal,…
EUR/JPY is likely to encounter initial resistance around the nine-day EMA at 163.41. The 14-day RSI has moved below the 50 mark, indicating a strengthening…
EUR/GBP trades near 0.8420, testing 200-day EMA after failing to extend previous day’s gains. Eurozone GDP revised down modestly, but Industrial Production surprises to the…