USD/JPY, GBP/USD, AUD/USD, Volatility Up Ahead

USD/JPY, GBP/USD, AUD/USD FORECAST: The October U.S. inflation report will steal the limelight on Tuesday If actual CPI results deviate from consensus expectations by a wide margin, FX volatility can rise significantly This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance in the coming trading sessions

Australian Dollar moves around a major level with a negative bias

Share: Australian Dollar could continue its downward trajectory. Australia’s central bank adopted a dovish stance in their recent meeting. US Dollar seems lukewarm, despite the positive tone of US bond yields. The Australian Dollar (AUD) aims to continue a week-long slump while the US Dollar (USD) keeps weakening on Monday despite higher US Treasury

AUDUSD dips for 5th consecutive day, Testing key support levels

The AUDUSD is down for the 5th consecutive day. Recall on Friday last week, and then on Monday, the price of the AUDUSD was testing/moving above it’s key 100-day MA near 0.6515. The high price reached 0.65224, but ultimately stalled and started a run to the downside, leading to a move from 06522 to the

AUD/USD falls for straight fifth trading session on global slowdown fears

Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth

AUD/USD Extends Bearish Reversal in Fakeout Fallout

AUD/USD OUTLOOK: AUD/USD extends pullback after failing to clear overhead resistance around the 100-day simple moving average The breakout that took place last week appears to have been a fakeout This article looks at AUD/USD’s key technical levels to watch in the coming trading sessions Trade Smarter – Sign up for the DailyFX Newsletter Receive

AUD/USD, GBP/AUD Post RBA Hike

AUSTRALIAN DOLLAR PRICE, CHARTS AND ANALYSIS: Most Read: Bitcoin (BTC/USD) Forecast: Open Interest Surge to Ignite a Fresh Bout of Volatility? Supercharge your trading prowess with an in-depth analysis of the Australian Dollar outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide now! Recommended by Zain Vawda Get Your

Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower

Australian Dollar (AUD/USD) Prices, Charts, and Analysis Download our Free Q4 Australian Dollar Forecast: Recommended by Nick Cawley Get Your Free AUD Forecast The Reserve Bank of Australia hiked rates by 25 basis points earlier today, as the central bank continues to struggle with above-target inflation. The move, widely expected, saw the Official Cash Rate

IMF raises China’s 2023 and 2024 growth forecasts

Share: In its latest report published on Tuesday, the International Monetary Fund (IMF) upgraded its gross domestic product (GDP) growth forecasts for China to 5.4% in 2023 and 4.6% in 2024. This came in contrast with October’s outlook when the IMF revised down 2023 and 2024 China’s growth forecasts for China to 5.0%

EUR/USD, GBP/USD and AUD/USD Muted as Bullish Momentum Wanes

EUR/USD TECHNICAL ANALYSIS EUR/USD blasted higher last week following weaker-than-expected U.S. economic data, taking out a clear barrier in 1.0670/1.0695 area. Bullish momentum, however, faded on Monday, with the pair stalling after failing to clear technical resistance at 1.0765, which corresponds to the 38.2% Fibonacci retracement of the July/October pullback. For guidance on the near-term