May 9 2023 🕓 3 min
AUD/USD dips as crucial resistance holds – will bulls break it?
The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
September 14 2021 🕓 3 min
AUD/USD statistical and technical analysis
Today’s words from the RBA governor didn’t support the currency. Lowe doesn’t see a rate hike before 2024. The current price of the AUD/USD exchange rate is 0.7318 (September 14, 2021). In August, it rebounded from an important zone. We will therefore move on to statistical and technical analyzes.
September 13 2021 🕓 2 min
EUR/JPY defends 50-day average ahead of Lagarde speech
Friday's decline stopped at the 50-day moving average, but will the support hold?
September 10 2021 🕓 3 min
GBP/USD tests September highs despite huge GDP miss
GDP data failed to meet estimates, yet the GBP/USD pair is stronger. Is the falling USD going to dominate in the near-term?
September 9 2021 🕓 3 min
EUR/USD stable after ECB decision
The ECB met expectations today, keeping the bullish bias in the EUR/USD pair valid.
September 7 2021 🕓 3 min
EUR/AUD shoots higher after RBA, EU data
Is the latest dip a buying opportunity, or is it something bigger?
September 7 2021 🕓 3 min
NZD/USD statistical and technical analysis
Today, the GDT Price Index was released, which is an important economic indicator for New Zealand, as rising prices increase the country’s export income. The current price of the NZD/USD exchange rate is 0.7105 (September 07, 2021). This pair has dynamical rebounded upwards. Let’s look at statistical and technical analyzes.
September 6 2021 🕓 3 min
AUD/USD slides amid profit-taking
Is the current rally going to continue, or is it time for a correction?
August 31 2021 🕓 3 min
EUR/JPY attacks 130 after EU inflation data
Rising inflation in the EU has been positive for the Euro. The EUR/JPY cross should remain bid.
August 31 2021 🕓 3 min
USD/JPY statistical and technical analysis
Consumer sentiment is declining according to the best-know indicators in the USA. Greater uncertainty in the global market could cause more volatility for the pair. The current price of the USD/JPY exchange rate is 110.04 (August 31, 2021). Let us therefore now turn to statistical and technical analyzes.
August 30 2021 🕓 3 min
EUR/USD attacks 1.18 as dovish Powell sparks a powerful rally
The dollar cratered on Friday, but will the sell-off continue? The technical analysis says so..
August 27 2021 🕓 3 min
USD/JPY awaits Powell’s remarks above 110
The big day is here! What is going to happen with the USD/jPY pair today?
August 26 2021 🕓 3 min
USD/CAD statistical and technical analysis
The current price of the USD/CAD exchange rate is 1.2610 (August 26, 2021). This pair has been quite volatile in recent days. It also fell into an important zone. Let us therefore take at statistical and technical analyzes.