*Times reported are local London time.

Key Points

• The Aussie dollar is currently consolidating gains against the Kiwi Dollar above 1.0675.
• The AUDNZD pair is likely to trade above the range resistance at 1.0700 for further gains.
• Today, the New Zealand Business NZ PMI for Jan Read More →

Key Points

• The British Pound after trading as low as 1.2380 against the US Dollar started a recovery.
• The GBPUSD pair is currently facing a major resistance near 1.2470-80 on the hourly chart.
• In the US, the total Net TIC Read More →

USD struggling to technically follow through:

The BBDXY neckline resistance area from 1240-1245 and the old trend line (dashed) has contained USD strength. Seeing the market fade USD strength after retail sales and CPI on Wednesday is not a Read More →