Australian Dollar (AUD)

The S&P(SPX 500) looking for a full recovery The S&P(SPX 500) grinds higher as last week’s underwhelming ADP and NFP job numbers raised the hopes that the Fed could act sooner rather than later with a potential rate cut. The…
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the Aussie (AUDUSD) has been stuck going kind of sideways for the last month or so. There have been plenty of ups and downs, but it seems the market needs something a little more convincing to break out of the range. Up until the huge…
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USOIL (crude WTI) looking for direction USOIL (crude WTI) continues to slide as ongoing global tensions keep the pressure on prices. A drop into the oversold territory for the RSI saw a slight bounce towards 62.00. With the round…
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Markets are generally expecting a rate cut from the Reserve Bank of Australia (RBA) at the conclusion of Tuesday's meeting. But there is a wide range of disagreement about what could happen. The majority is inclined for a 25 bps cut. But…
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FTSE 100 (UK100) stuck sideways The FTSE 100 (UK100) looks for direction as prices, along with the RSI, remain in a lengthy consolidation. The bounce off April’s low showed solid interest in keeping the bullish bias intact and…
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UK100(FTSE) hits resistance The UK100(FTSE) maintained its bullish stance as prices remained above the 8500 level. The recent rally has put the index back right under this month's high after bouncing towards 8600. A continuation could…
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UK 100 (FTSE) bulls remain in the market The UK100 (FTSE) maintained its winning streak as it broke the 8500 level. The rally has put the index on track to test this year's high. A continuation could signal a move to a new all-time high…
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The DAX(GER40) hitting a higher high The DAX(GER40) continues higher as sentiment remains upbeat across the European markets. A move above 22000 indicates an acceleration to the upside. Following a brief consolidation, bulls are now…
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GBPUSD(Sterling) sliding lower GBPUSD(Sterling) fell lower as the dollar regained some momentum after continued weakness in recent sessions. The pair has held well following its slide below 1.3300, with 1.3230 established as a solid…
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Dax (GER 40) continues the recovery The Dax (GER 40) made more gains since the early April sell-off as the index kept on pushing higher. The break above 21000 suggests that bulls maintain control of the price action. The psychological…
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