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Australia's central bank raised its key interest rate as inflation picked up more than expected largely due to supply-side disruptions. more...
Oil is likely to remain supported in the short term amid expectations Europe will soon announce a plan for oil imports and bets that the JCPOA nuclear deal will not be reinstated soon. The daily price is located near and below Ichimoku cloud: if the price breaks Ichimoku cloud to above together with 109 resistance level so the primary daily bullish reversal will be started; alternatively, the price will be on bearish ranging waiting for ...
The Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace. more...
The Australian Dollar underperformed against the US Dollar last week despite a hotter-than-expected local CPI report. Could an RBA rate hike revive AUD/USD bulls? The weekly price is on strong bearish breakdown: the price broker Ichimoku cloud to below for the primary bearish reversal for testing 0.6966 support level for the bearish trend to be continuing or for the ranging condition to be started. more...
The value of retail sales in Japan was up a seasonally adjusted 2.0 percent on month in March, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.628 trillion yen. more...
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