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 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 ...
Slowing economic growth in the UK and bets that the Bank of England will not be as aggressive as the Fed during its tightening cycle are likely to weigh on GBP/USD in the near term. The intra-day and the daily price is on bearish breakdown by crossing symmetric triangle pattern to below for the primary bearish trend to be continuing. more...
Consumer prices in New Zealand jumped to a 30-year high of 6.9 percent on year in the first quarter of 2022, Statistics New Zealand said on Thursday. On a seasonally adjusted quarterly basis, consumer prices climbed 1.8 percent - again beneath expectations for an increase of 2.0 percent and up from 1.4 percent in the three months prior. more...