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.”
June 29 2021 🕓 3 min
USD/JPY statistical and technical analysis
The current price of the USD/JPY exchange rate is 110.50 (June 29, 2021). The pair tested highs from 2021 last week. It could continue on its way north. Let us therefore now turn to statistical and technical analyzes.
June 22 2021 🕓 3 min
GBP/USD statistical and technical analysis
The current price of the GBP/USD exchange rate is 1.3950 (June 22, 2021). This pair bounced back from an important short-term level (1.3800) yesterday. Therefore, we will look now at statistical and technical analyzes.
June 15 2021 🕓 3 min
EUR/USD statistical and technical analysis
The current price of the EUR/USD exchange rate is 1.2125 (June 15, 2021). The ECB monetary statement and inflation in the United States have been the most important fundamental data in recent days. They have since supported more USD. Let us therefore look at statistical and technical analyzes.
June 8 2021 🕓 3 min
NZD/USD statistical and technical analysis
The current price of the NZD/USD exchange rate is 0.7200 (Jun 08, 2021). This pair is currently trading close to an important level. The New Zealand dollar is highly correlated with commodities. Let’s look at statistical and technical analyzes.
June 1 2021 🕓 3 min
AUD/USD statistical and technical analysis
The current price of the AUD/USD exchange rate is 0.7757 (June 01, 2021). This pair is trading sideways and has tested an important level in recent weeks. The Australian Dollar is highly correlated with commodities. Let’s now look at statistical and technical analyzes.
May 25 2021 🕓 3 min
USD/CAD statistical and technical analysis
The current price of the USD/CAD exchange rate is 1.2060 (May 25, 2021). This pair continues to fall sharply after our last analysis on April 30. It tests an important medium to long-term psychological level, which has acted as a strong support in the last 6 years. Let us therefore look at statistical and technical analyzes.
May 18 2021 🕓 3 min
USD/CHF statistical and technical analysis
The current price of the USD/CHF exchange rate is 0.8965 (May 18, 2021). The pair has been declining dynamically since our last analysis. It is also currently in an important zone. Let us therefore now turn to statistical and technical analyzes.
May 11 2021 🕓 3 min
USD/JPY statistical and technical analysis
The current price of the USD/JPY exchange rate is 108.63 (May 11, 2021). The pair has returned to an important zone in recent weeks. It is currently still traded there. Let us therefore look now at statistical and technical analyzes.
May 4 2021 🕓 3 min
GBP/USD statistical and technical analysis
The current price of the GBP/USD exchange rate is 1.3885 (May 04, 2021). This pair bounced back from an important short-term level (1.3800) yesterday. Therefore, we will look at statistical and technical analyzes.
April 28 2021 🕓 3 min
EUR/USD statistical and technical analysis
The current price of the EUR/USD exchange rate is 1.2118 (April 28, 2021). Today, we have witnessed speeches by the two most important presidents of central banks. Lagarde for the ECB and Powell for the Fed. Let us therefore look at statistical and technical analyzes.
April 21 2021 🕓 3 min
NZD/USD statistical and technical analysis
The current price of the NZD/USD exchange rate is 0.7170 (April 20, 2021). This pair is currently trading close to an important level. The New Zealand dollar is highly correlated with commodities. Let’s look at statistical and technical analysis.
April 13 2021 🕓 3 min
AUD/USD statistical and technical analysis
The current price of the AUD/USD exchange rate is 0.7624 (April 13, 2021). This pair slightly corrected its longer-term upward trend last month. The Australian Dollar is highly correlated with commodities. It is currently trading close to an important level this year. Therefore, we will look at statistical and technical analyzes.