The RBNZ is expected to keep rates unchanged |
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USDCHF falls to the April low/swing area and bounces. Resistance now eyed. at 0.9070 now.
2024-05-03
USDCHF technical levels are set after the soft US data
AUDUSD ending an up and down and up and down month near the midpoint level.
2024-04-30
The 50% midpoint of the price action this month comes in at 0.65028. The price of the AUDUSD is trading within a few pips of that level today.
USDCAD is hanging around the 50% midpoint as buyers and sellers await the next shove
2024-04-29
The 50% midpoint comes in at 1.3661. The 100 hour MA at 1.36718 is resistance. On the downside, the 1.3631 is support followed by 1.3604 to 1.3621.
Why the yen is so weak and what’s next
2024-04-27
The yen is in a terrible spot at the moment. It’s hitting fresh 34-year lows daily, including a 200 pip move on Friday. Adam Button from ForexLive spoke with BNNBloomberg about the outlook for the yen and the US dollar.
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