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Andrey Goilov
Australian Dollar Hits 0.6650 Amid Mixed Economic Signals By Andrey Goilov - May 29, 2024

The AUD/USD pair rose to 0.6650 on Wednesday following the release of Australian economic data. Australia’s consumer price index (CPI) accelerated to 3.6% year-on-year in April, up from 3.5% in...

Scott Barkley
EUR/AUD: Breakout Trading Opportunity By Scott Barkley - May 28, 2024

Bearish:  Currently we are at 1.6316 in a channel in a range.  We are looking to continue to the ATR target @ 1.6266 area with an outside target at the 1.000 Fibo @ 1.6233 area.  We have convergence...

Andrey Goilov
Japanese Yen Edges Up Against US Dollar By Andrey Goilov - May 27, 2024

The Japanese yen slightly increased against the US dollar on Monday, with the USD/JPY pair holding near 156.73. Investors have already priced in previous remarks from Bank of Japan (BoJ)...

Yan Andell
GBP/USD: Volatility Amid Uncertainties By Yan Andell - May 24, 2024

Let's get straight to the point: the GBP/USD has been in an upward trend since last month, but uncertainty still prevails. Currently, the pair is in the 1.2710 range, but price movements have been...

Kenny Fisher
USD/CAD: Canadian Dollar Eyes Retail Sales By Kenny Fisher - May 24, 2024

The Canadian dollar is unchanged on Friday. USD/CAD is trading at 1.3726 in the European session at the time of writing at the time. Canada releases retail sales later, which may trigger some...

Andrey Goilov
Australian Dollar Rapidly Depreciates: What's Next? By Andrey Goilov - May 24, 2024

The AUD/USD pair has fallen rapidly in the final week, reaching 0.6592. This decline is primarily driven by the US dollar's robust performance, following stronger-than-expected US economic data....

Scott Barkley
USD/JPY Looking to Head Lower By Scott Barkley - May 23, 2024

USD/JPY bearish:  Currently we are at 156.64 in a range.  We are looking to continue to the ATR target @ 155.70. WE have divergence in play for the short. Watch the USDX for direction. The...

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