NAB Techs maintains its bearish weekly signals for AUD/USD targeting 0.7150/00 and for NZD/USD targeting 0.6650/0.6700

AUD/USD: The battle between the mutli-year downtrend and the one-year uptrend has been won decisively by the LT downtrend. Recent weekly closes below Read More →

The dollar held strong against its major rivals on Wednesday, hovering near a 14-year peak versus the euro, driven by bets of higher U.S. growth and a faster pace of interest rate increases under incoming president Donald Trump.

In Read More →

Key Points

• The US Dollar traded higher recently against the Japanese yen, but failed to break 118.20.
• There is a bearish trend line formed on the hourly chart Read More →

EUR/USD is piercing below lower bound of broad consolidation in force since 2015 (1.0465). A weekly close below 1.0465 remains needed to deepen the correction.

In such a case, the pair will head to next significant support at 1.0180/1.00, Read More →