Australian Dollar (AUD)

AUDUSD(Australian dollar) sliding lower The AUDUSD(Australian dollar)continued selling off as price action moved away from its recent high. The pair seems to have secured a foothold past 0.6300, and a subsequent fall below 0.6250…
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Nasdaq-100 claims fresh high The Nasdaq 100 hit a fresh high as the tech stocks continue to rally. The index is capitalising on its break above 21000, attracting momentum buyers in this crowded trade. The psychological level of 22000 is…
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S&P(SPX) 500 inches lower The S&P(SPX) 500 remained subdued even after a decent reading from the latest inflation figures. As the index flirts with a fresh low at 5760, the market is looking ahead to Donald Trump’s inauguration…
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AUDUSD grinds support The Australian dollar (AUD) found some firm resistance as risk appetite remains volatile across all markets. The latest move higher towards 0.6300 met stiff selling pressure, and prices are at a major crossroads…
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The FTSE (UK 100) seeks support The FTSE (UK 100) continued the global index sell-off as prices hope for some support. The index hit resistance at 8150, and profit-taking by intraday buyers has weakened the momentum. The previous swing…
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USDCHF struggles for direction The US dollar (USD) slipped as CPI data crept higher, which could cause the Fed a headache at their next meeting. A move above the daily resistance of 0.8850 kept the bullish momentum going, putting…
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AUDUSD probes support The Australian dollar (Aussie) steadied as the RBA paused from cutting its interest rate. On the chart, the price has come under pressure after failing to break the previous swing high at 0.6470. A combination of…
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XAUUSD seeks support Gold price fall continues as the metal slipped past the 2550 level to set a fresh low at 2535. A surge below 2600 forced buyers to close out, giving the opposite side a further fighting chance to test the 2500 zone.…
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The USDJPY grinds major resistance The Yen extended losses as the dollar train advanced across the board. On the chart, the price is crawling back to its 4-month high of 155.25 as the bulls look to keep the momentum going. In the near…
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GBPUSD probes resistance Similar to most dollar pairs, Cable attempts to erase the recent losses but jumps back above the recent swing high. 1.3000 becomes the latest significant resistance as price action claws its way back into buying…
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