AUD/USD Coming Off the Highs After 2022 Inflation Surge, As Risk Sentiment Abates
Overnight we had the CPI consumer inflation report from Australia, with AUD/USD being on a bullish trend for a few months Full Article
AUD/USD Beginning A Bearish Reversal, As Chinese Economy Disappoints
AUD/USD was rejected by the 200 daily SMA last week and it is facing the 100 SMA now, with the Australian economy slowing down Full Article
Today’s RBA Rate Hike Not Helping AUD/USD
Today the RBA delivered the eighth rate hike in a row, raising rates by 25 bps to 3.10%, but that couldn't help AUD/USD which is sliding low Full Article
Forex Signals Brief for December 6: RBA Delivers the 8th Hike in A Row
Yesterday USD buyers returned as risk sentiment turned negative after the stronger US ISM services numbers, while today the RBA raised rates Full Article
Forex Signals Brief for December 5: BOC and RBA Slowing Rate Hikes Already
The USD resumed the decline last week after Powell suggested a rate hike slowdown, while the RBA and the BOC are doing so with a 25 bps hike Full Article
All Central Bankers Speaking on Inflation Today
Central bankers are meeting in Thailand to speak on growth and inflation and several have already held speeches Full Article
AUD/USD Facing A Big Test at the 20 Weekly SMA
AUD/USD has been bullish since early October although buyers are having trouble pushing the price above the 200 weekly SMA Full Article
Bearish Reversing Pattern in AUD/USD, As RBA Gives Dovish Signals
The bullish retrace seems complete for AUD/USD as the 50 daily SMA turns into resistance, while the RBA is slowing rate hikes Full Article
AUD/USD Retesting the 200 SMA After the 25 bps RBA Hike
AUD/USD has turned bullish today as the RBA raised interest rates by 0.25% while risk sentiment has also improved Full Article
Can the Trend Change for AUD/USD as RBA Remains Tightening?
AUD/USD made a sharp reversal on Friday, signalling a possible bullish reversal after declining 10 cents in the last month Full Article
Forex Signals Brief for October 19: UK and Canada CPI Inflation
Yesterday the sentiment turned slightly negative although volatility was low, while today we have a number of CPI reports to be released Full Article
Remaining Short on AUD/USD As It Resumes Downtrend, Despite Hawkish RBA Minutes
The RBA minutes from the last meeting suggested further rate hikes, but AUD/USD has resumed the decline again today Full Article
Forex Signals Brief for October 5: Will the USD Dive on ISM Services Too?
We have seen the USD dive on softer ISM manufacturing and JOLTS jobs in the last two days, so we'll watch ISM services closely today Full Article
AUD/USD Hesitating at Resistance After “Smaller” RBA Rate Hike
We're looking to sell AUD/USD at the 50 SMA, as it hesitates to make further gains, while the RBA is slowing down with rate hikes Full Article