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EURAUD – Euro Poised For Upside Break Vs Aussie Dollar

Key Points

  • The Euro remained above the 1.4140 support against the Aussie dollar and may trade higher.
  • There is an important bullish trend line with support at 1.4130 formed on the hourly chart of EURAUD.
  • Today in Australia, the Westpac Read More →

Gold Price Remains Supported Above $1265 Vs US Dollar

Key Points

  • There was a good upside move in Gold price, as it moved above $1265 against the US Dollar.
  • There is a connecting resistance trend line at $1278 on the hourly chart of Gold, which prevented further upsides.
  • Today Read More →

Dollar pares gains as Yellen speech eyed

The greenback slipped lower on Monday weighed by a dip in U.S. Treasury yields while forex traders consolidated Friday's gains on low volume to start the holiday-shortened U.S. trading week.

Traders traded cautiously ahead of a speech by Federal Read More →

AUDUSD – Aussie Dollar Looking To Gain Bids Vs US Dollar

Key Points

  • The Aussie dollar after a dip towards 0.7475 against the US Dollar found support.
  • The AUDUSD pair moved higher, and broke a bearish trend line with resistance at 0.7485 on the hourly chart.
  • Today in Australia, the National Read More →