AUD/USD Technical Analysis: Double Top in the Works Near 0.81?
The Australian Dollarput in a bearish Evening Star candlestick pattern on a test of resistance near 0.81 against its US counterpart, hinting a turn lower may be brewing ahead.
The Australian Dollarput in a bearish Evening Star candlestick pattern on a test of resistance near 0.81 against its US counterpart, hinting a turn lower may be brewing ahead.
JPY strength against USD quickly reversed on Monday as multiple risk-off scenarios failed to play out, which helped multiple currencies gain against the JPY.
The British Pound is rallying ahead of a pivotal U.K. inflation report, and Thursday brings a Bank of England rate decision that could turn it all around.
U.S. markets poised to start week on a strong note along with overseas markets, break above recent swing high takes one bearish consideration off the table as new highs comes into view.
Large speculators of gold futures are snatching up contracts at a furious pace, while euro longs increase but with slowing momentum.