Commodity Currencies Feeling Good on Positive Signals from the Global Economy
The AUD, CAD and the NZD have been making gains in the last two weeks after global economic data has shown improvement Full Article
Remaining Long on the USD After Hawkish Pause by the FED
The FED kept rates unchanged yesterday but is looking to keep them higher-for-longer which is bullish for the USD Full Article
Where Is NZD/USD Heading After the Q2 GDP Report?
NZD/USD has made a reversal lower after failing at 0.60 despite better GDP figures, as the USD rallies on the FED hawkish hold Full Article
Selling NZD/USD Below Key Resistance
NZD/USD continues to remain bearish despite the recent retrace higher, so we decided to open a sell signal below the 20 daily SMA Full Article
AUD/USD Failing at the 20 SMA After the RBA Meeting Minutes
The 20 SMA has turned into resistance for AUD/USD, keeping it bearish, while the RBA minutes didn't help much Full Article
Commodity Dollars Looking at Chinese Data for Direction
The sentiment for commodity dollars improved yesterday which has sent them higher and today's data from China should send them higher Full Article
AUD/USD Buyers Hesitating at the 100 SMA
AUD/USD retraced higher yesterday but the 100 SMA has been acting as resistance and a bearish reversing chart pattern has formed Full Article
Where’s AUD/USD Heading After the RBA and GDP Figures?
AUD/USD remains bearish on larger charts despite a retrace higher today after the better GDP figures from Australia for Q2 Full Article
USD Marches Higher ad DXY Bounces Off MAs
The USD resumed the bullish momentum yesterday as the DXY index approaches the 105 level Full Article
NZD/USD Starting A Bearish Reversal, After Failing to Hold Gains Above 0.60
NZD/USD retraced above 0.60, but buyers couldn't hold the gains and we're seeing a bearish reversing pattern forming on the daily chart Full Article
Weak Bounce in AUD/USD As CPI Falls Below 5%
AUD/USD is resuming the bearish momentum again after the retreat above 0.65 where it met the 20 daily SMA Full Article
AUD/USD Can’t Make A Turnaround Despite Positive Developments
AUD/USD has been declining since mid-July and retraces are finding sellers every time, despite intervention from China and better retail sal Full Article
Commodity Currencies Resume the Decline, Falling to New Lows for 2023
The Aussie (AUD), the Kiwi (NZD) and the Loonie (CAD) have been showing weakness this month and ended the week bearish after a slight retrac Full Article
AUD/USD Resumes Decline After Being Rejected by the 100 SMA
AUD/USD turned bearish again yesterday after a retrace higher on Wednesday, after the 100 SMA refused the price on the H4 chart Full Article
