On Monday, the AUD/NZD dipped below key technical levels, with the 100 and 200-day SMAs breached. Current focus is on GDP data from Australia, expected to...
EUR/GBP appreciates as Eurozone Manufacturing PMI increased to 47.3 in May, the highest reading since March 2023. ECB is expected to deliver a 25-basis point rate...
Daily chart indicators suggest a positive incline; RSI climbs up. Hourly chart indicators flatten out in positive territory, indicating consolidation after recent gains. The pair is...
The daily RSI is pointing upwards, hovering around 70, but continuing red bars in the MACD show a trailing consolidation. On the hourly chart, indicators are...
EUR/GBP rose sharply on Friday at 0.8531, notching a 0.26% gain. Inflation data from the Eurozone, both headline and core HICP, exceeded the forecasts. A cut...
EUR/JPY extends the decline near 169.78 in Friday’s early European session. The German Retail Sales came in weaker than expected, dropping 1.2% MoM in April from...
AUD/JPY lost ground as Adachi highlighted the need to reduce bond-buying in stages. The risk aversion sentiment contributed to the downside of the Australian Dollar. Australia’s...
The daily chart flashes overbought signals but the overall trend favors the bulls. Post achieving multi-year highs over 96.70, NZD/JPY shows a possibility for a healthy...
The pair rose to highs since 2007 at 199.90. The daily RSI indicates an overextended buying momentum, suggesting a pending technical correction. The hourly indicators have...
AUD/JPY inches lower after the release of mixed Chinese data on Friday. China’s Retail Sales rose for the successive 15th month but the softest gain in...
AUD/JPY loses ground as higher Aussie unemployment data bolsters the dovish sentiment surrounding RBA’s policy stance. The Aussie Unemployment Rate rose to 4.1%, marking the highest...
EUR/JPY edges up 0.44%, extending its winning streak to seven days amid positive market sentiment. Technical outlook remains bullish; RSI nears overbought territory, indicating strong upward...
The daily EUR/JPY RSI reveals ongoing bullish momentum, demonstrating a stable shift from 44 to 60 in the last sessions. Daily MACD perspectives align with the...
EUR/GBP loses ground around 0.8595 in Friday’s early European session. The UK economy is officially out of recession after reports showed the GDP grew by 0.6%...
The daily chart reveals the RSI steady in positive zone, showing consistent bullish momentum. On the hourly chart, RSI and MACD persist in positive territory, indicating...
EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
AUD/JPY up 0.30%, showing bullish momentum for potential rise beyond 102.35. Bullish RSI indicates room for growth before hitting overbought conditions. Key levels: Resistance at Tenkan-Sen...
AUD/JPY could continue its winning streak due to improved risk appetite. The Australian Dollar depreciated due to the less hawkish RBA despite higher inflation in March. The...
AUD/JPY gains ground due to hawkish sentiment surrounding the RBA. RBA is expected to maintain the cash rate at a 12-year high of 4.35% on Tuesday....
The daily RSI and MACD reflect a negative trend, hinting at increasing selling pressure. Hourly chart indicators echo the bearish sentiment, with RSI around the 40...