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The Aussie central bank’s concerns over economic growth, due to the pandemic-led local lockdowns, weigh on the AUD/USD prices.
2021-10-05
GBPUSD retreats below 50-EMA during early Monday as the market’s risk-off mood favors the USD bulls.
2021-10-04
EURUSD is all in for further weakness. The current consolidation during early Friday could be linked to oversold RSI conditions.
2021-10-01
Gold fades bounce off six-week-old horizontal support surrounding $1,724.
2021-09-30
Brent oil consolidation the early week’s oversold RSI conditions while dropping back below $78.00 on Wednesday.
2021-09-29
USDCAD drops to the lowest level since September 10 during the six-day downtrend on early Tuesday.
2021-09-28
AUDUSD reverses Friday’s pullback from the key moving average while picking up bids to 0.7286 during early Monday.
2021-09-27
EURUSD struggles to extend the strongest recovery in a month as anxiety over Evergrande test pair buyers ahead of a speech from Fed Chairman Jerome Powell.
2021-09-24
GBPUSD recovers from monthly bottom as the cable traders await Bank of England’s (BOE) Quarterly Inflation Report (QIR).
2021-09-23
Risk-on mood helps gold extend the early-week rebound towards the key upside resistance area during early Wednesday.
2021-09-22
NZDUSD refreshed monthly low, before bouncing off 50-DMA during the four-day downtrend.
2021-09-21
USDCAD respects the broad US dollar strength while rising to the fresh high of the month. Also adding to the upside pressure is the Federal Elections in Canada.
2021-09-20
GBPUSD remained far from bear’s reach despite refreshing weekly low while major currency pairs dropped notably the previous day.
2021-09-17
Gold keeps losses rolling for the second consecutive day, extending Tuesday’s U-turn from 200-DMA amid the initial European session on Thursday.
2021-09-16
Despite recently bouncing off a monthly low, AUDUSD remains pressured around 20-DMA during early Wednesday.
2021-09-15