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Bearish: AUD/USD currently at 0.6626 in a channel in a range. We are looking for a continuation to the target at 0.6558 with a further target of the support at 0.6550. We have convergence on the hourly.
The target up 0.6731 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 117 pips per day, and its 180-day average is 108 pips per day. USDX is currently up.
The EUR/USD has been in a bull channel for over two months. The channel up is tight, which will limit the first reversal down. The market has been away from the moving average...
The Japanese yen had an uneventful week and edged higher on Monday. USD/JPY is trading at 130.06 in the European session, up 0.18%.US PCE Slows to 4.4%Last week wrapped up with...
This week has all the makings of being vital for the coming weeks and months, with the most important publications for the market in focus. The week’s main event will undoubtedly...
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