EUR/USD to Track 50-Day SMA After Testing Former Support Zone
EUR/USD may track the negative slope in the 50-Day SMA (1.0294) as it continues to fall back from the former support zone around the May low (1.0349). Read More
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EUR/USD may track the negative slope in the 50-Day SMA (1.0294) as it continues to fall back from the former support zone around the May low (1.0349). Read More
The New Zealand Dollar rose against the US Dollar after the RBNZ hiked its official cash rate by 50-basis-points, as expected. The MPS revealed a slightly more aggressive rate projection. Read More
AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows. Read More
Asia-Pacific markets may rise after the US Dollar moderated overnight as US stocks closed mostly higher. The RBNZ rate decision is due today, with traders expecting a 50-basis-point rate hike. Read More
US data was a mixed bag as consumer activity remained strong alongside further slowing in the housing market Read More
The Euro hasn’t been able to stage a meaningful rally in some time. Read More
The Australian Dollar outlook remains cloudy as recent gains in risk assets battle against growing economic concerns. Read More
USD strength has overshadowed the safe-haven appeal of precious metals causing Gold and Silver to stall at resistance. Can price action overcome key technical levels? Read More
More monetary policy tightening is on the horizon for the Bank of England and European Central Bank. Read More
The US Dollar has broken out of a bull flag and tomorrow brings FOMC meeting minutes from the July rate decision, which produced a bearish response in the USD. Read More