AUDUSD – Aussie Dollar Poised For Further Declines Vs US Dollar

Key Points

  • The Aussie Dollar made a top at 0.7620 against the US Dollar and currently under selling pressure.
  • There was a break below a crucial bullish trend line with support at 0.7585 on the hourly chart of AUDUSD.
  • Today Read More →

AUD/USD: Positive Crossover In Weekly MACD: Levels & Targets – NAB

NAB FX Technical Strategy Research notes that AUD/USD recent bullish weekly reversal pattern has had a positive impact on the multi-month downtrend which has lost its impulse and reversed.

"This week’s positive crossover in the weekly MACD is Read More →

Dollar firms, sterling tumbles as Carney extinguishes rate hike talks

The dollar rose to a one-month peak on Tuesday versus its major rivals on the view the Federal Reserve may hike interest rates one more time this year. Sterling meanwhile, tumbled after the Bank of England's Governor extinguished any Read More →

EURUSD – Euro Looks Set To Extend Declines Vs US Dollar

Key Points

  • The Euro declined heavily recently and traded below the 1.1160 support against the US Dollar.
  • There are two bearish trend lines with resistances as 1.1140 and 1.1157 formed on the hourly chart of EURUSD.
  • Today in the Euro Read More →