AUD/USD Prediction – June 7The long-kept of ranging levels of 0.7800 and 0.7700 are still relevant in describing the AUD/USD market’s trend. The currency pair’s value as of writing trades around 0.7759 at a percentage rate of 0.27.AUD/USD MarketKey Levels:Resistance levels: 0.7800, 0.7900, …
EURUSD Slumps After Rejection at Channel Midline Resistance
Market Analysis – EURUSD Slumps EURUSD slumps after hitting the midline of its ascending parallel channel. The market has been trailing an ascending parallel channel since the 23rd of March 2020 and its midline has been very influential in directing the market. It has alternatively been acting as …
Janet Yellen Shrugs off Threat of Inflation and Persists With the Implementation of President Joe Biden’s Budget
Janet Yellen, the U.S. Treasury Secretary, is still very optimistic about the implementation of President Joe Biden’s 4 Trillion Dollars budget plan. She says whatever inflation it may give rise to is beneficial for the country. President Joe Biden Pandemic Stimulus Budget The U.S. Presidency has …
