AUDUSD

Stocks Struggled Amid Inflation Concerns

STATE OF THE MARKETS Stocks struggled amid inflation concerns. US stocks tried to rally but failed after Secretary-Treasurer Yellen commented that inflation might be sticky...

FX Snapshots As Markets Say Goodbye to 2021

The following are the support and resistance snapshots for a selection of FX majors. Trends are mostly mixed with cable showing more bullish promise into...

FX Majors Mostly Quiet In Run-Up To Xmas

As the week winds down ahead of the Christmas weekend, there's not a lot of fundamental news or events driving or being driven by...

Dollar Dived Post-FOMC

STATE OF THE MARKETS Dollar dived post-FOMC. As US stocks rebounded and pared earlier losses on Wednesday, Dollar (DXY) dived after Feds confirmed its plan...

AUDUSD at 1 year lows: Will 0.7000 break?

After being stopped dead by strong bids below 71.45 cents back in August, the Aussie bounced back against the US dollar only to meander...

Majors relax ahead of key USD resistance levels

Major dollar crosses look like they're easing back ahead of significant tests major dollar resistances. All this on the back of the notion that Fed...

Stocks Under Pressure Amid Economic Uncertainties

STATE OF THE MARKETS Stocks under pressure amid economic uncertainties. US stocks closed lower on Wednesday, with Dow (-0.60%), Nasdaq (-0.30%) and S&P (-0.30%) pared...

FX majors break out of ranges for more swing trades

Many FX majors (except USDJPY) have finally broken out of familiar intraday ranges, allowing for more swing trade opportunities. The charts in this post are...

Intraday FX targets unchanged in calm November start

The new month opened calmly ahead of NFP and rate decisions out of the US and the UK. H4 range targets remain the same, hence...

Month-end book adjustments spur spikes but no surprises

Institutional traders squaring books in the month-end caused a few spikes, but price action were still largely contained in familiar ranges as expected earlier...

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