Key Points

• The Aussie Dollar started a downtrend from the 0.8020 high against the US Dollar and moved down.
• There is a crucial descending channel pattern with resistance at 0.7900 forming on the hourly chart of the AUD/USD pair.
• Today Read More →

Key Points

• The US Dollar moved down recently and traded below 109.80 against the Japanese Yen.
• There is a short-term breakout pattern forming with resistance near 110.20 on the hourly chart of the USD/JPY pair.
• Today in Japan, the Domestic Read More →

RBNZ kept rates unchanged at 1.75%, and said it expected inflation to rise at a gradual pace. The Reserve bank of New Zealand also went on to say that a weaker kiwi is needed for more balanced growth. The NZD Read More →