Where Is AUD/USD Headed After RBA’s Lowe and May Inflation?
AUD/USD has broken below the 3-month range and now the bottom of it has turned into resistance, rejecting the price Full Article
Weaker Fundamentals Keeping AUD Soft
AUD/USD is feeling the weight from softer economic data from China and global recession fears which will likely keep it bearish Full Article
Decisive Test for AUD/USD After Hawkish RBA Expectations
AUS/USD has been on a bearish trend for more than 2 years, but now buyers are testing the 200 daily SMA as the RBA returns to rate hikes Full Article
AUD/USD Unable to Overtake the 200 Daily SMA
AUD/USD retested the 200 daily SMA last week as the USD turned bearish on a hawkish rate hike by the FED, but failed once again Full Article
AUD/USD Reverses Lower, on Softer RBA Minutes
AUD/USD is showing signs of weakness as it reverses lower after the RBA minutes last night pointed to a pause in rate hikes Full Article
Forex Signals Brief for March 7: RBA Raises Rates by 25 bps Again
The RBA delivered yet another rate hike, although we are heading toward the end of the process so the AUD is not benefitting much from it Full Article
AUD/USD Testing the 50 Daily SMA for A Major Bearish Reversal
AUD/USD has been bullish since October but the uptrend is in question and the 50 daily SMA will be the deciding indicator Full Article
AUD/USD Looking Bearish After the RBA
AUD/USD has made a strong bearish reversal despite increasing inflation in Australia, but sellers are facing the 50 daily SMA now Full Article
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