The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise. Daily price is located far below Ichimoku cloud in the bearish area of the chart. The price is on secondary ranging within 0.6828/0.6967 support/resistance levels waiting for the direction of the strong bearish trend to be resumed or the secondary bear market rally to ...
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows? Daily price broke Ichioku cloud and 200 SMA/UniStepEMA for the primary bearish reversal: the price is ranging within 0.7029/0.7265 support/resistance levels waiting for direction. more...
Swiss consumer price inflation accelerated further to its highest since October 2008, data from the Federal Statistical Office showed on Wednesday. more...
The vicious tech sell-off this year has hit the once high-flying FAANG stocks (Meta, Apple, Amazon, Netflix and Alphabet) particularly hard, but also created a buying opportunity for investors looking to snap up shares of these Big Tech companies at more attractive valuations, several experts argue. The weekly chart of Netflix stock broke 200 SMA to below for the bearish breakdown: the chart is trying to cross 210 support level to below ...
The ECB has no intention to raise rates in Q2 while the Fed is weighing up multiple 50 basis point hikes and Lagarde requests dissenting members to delay criticisms. Daily price is located on the primary bearish area of the chart: the price is on secondary ranging within 1.0757/1.0936 support/resistance leverals waiting for the direction of the bear market rally to be started in case of 1.0936 resistance is crossed to above or the bearish ...
Recent Comments