AUD/USD OUTLOOK:AUD/USD rises for the second straight dayDespite today’s moves in FX markets, geopolitical tensions in the Middle East and rising U.S. Treasury yields create a hostile backdrop for the Australian dollarThis article looks at key AUD/USD’s technical levels to watch this week Most Read: Crude Oil Price Outlook – Bears Reload but Energy Market
Weekly Columns & Special Reports
SP 500 & NAS100 PRICE FORECAST:Choppy Price Action and Indecision Returns as US Earnings Continues.Geopolitical Uncertainties and Robust US Data Give Market Participants a Headache as Evidenced by Retail Trader Sentiment.Rangebound trade for both the SPX and the Nasdaq 100 Cannot be Ruled Out for the Rest of the Week.To Learn More About Price Action
New Zealand Dollar, NZD/USD, CPI – Market Update:New Zealand Dollar weakens after local inflation dataSofter CPI report opens the door to less hawkish RBNZStill, NZD/USD faces a neutral technical environment The New Zealand Dollar cautiously weakened in the aftermath of local inflation data. During the third quarter, New Zealand’s Consumer Price Index (CPI) grew by
AUD/USD OUTLOOK:AUD/USD rebounds following last week’s sell-offThe rally in U.S. equities boosts appetite for riskier currenciesDespite today’s moves in FX markets, geopolitical tensions in the Middle East create a challenging backdrop for the Australian dollar Most Read: EUR/USD Perks Up After Selloff but Geopolitics Create Risks. How?After a steep sell-off late last week, the Aussie
USD/CAD PRICE, CHARTS AND ANALYSIS:The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release.BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures.IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions.To Learn More About Price Action,Chart PatternsandMoving Averages, Check out theDailyFX
AUD/USD TECHNICAL OUTLOOKAUD/USD rises for the fourth straight day, pressing against trendline resistance.Despite its recent recovery, the Aussie maintains a bearish profile.This article looks at AUD/USD’s key technical levels worth watching in the coming trading sessions. Most Read: Oil Price Forecast – Geopolitical Turmoil to Spur Bullish Energy Market SentimentMarket sentiment has improved in recent
BITCOIN, RIPPLE KEY POINTS:Bitcoin Prices Struggle at 28k Hurdle Once More as Death Cross Pattern Adds to Uncertainty.Ripple Receives Positive News on Multiple Fronts but Still Fell Over 3% on Monday. Further Downside Ahead?Rumours Are that the SEC May Drop the Case Against Ripple Following the Recent Ruling, While the BIS has Added Ripple to