AUD/JPY recovers from weekly low, pares intraday losses during three-day downtrend. 50% Fibonacci retracement level, nearly oversold RSI challenges further downside. Australia trade numbers for March came in firmer, China…
EUR/USD grinds higher while defending the previous day’s U-turn from 21-DMA, upside break of one-week-old resistance. Bearish MACD signals, limited room towards the north suggest bulls run out of steam.…
Oil prices showed a bloodbath as fears of US recession soars ahead of Fed policy. The USD Index has extended its correction as Fed rate hikes were having a negative…
NZD/USD has shown a decent recovery above 0.6170 as USD Index has sensed selling pressure. As per the consensus, the US economy added 150K jobs in April lower than the…
EUR/USD step in at key support and a test of 1.1000 could be on the cards. Bears eye a break of the 1.0960s structure. EUR/USD has been pressured at the start…