The unexpected rate cuts by the PBoC had a significant impact on the AUDUSD. This is primarily due to the strong correlation between the two currencies. This caused the market to erase its one-month profit. Nevertheless, we can see that the pair is making a minimal recovery ahead of the Australian …
Dash 2 Trade (D2T/USD) Stalls Near $0.0024 as Bulls and Bears Battle
The recent bearish trend ended at the $0.0023 price level, leading to the emergence of bullish dominance. However, as the Dash 2 Trade market surged to approximately $0.0024, it faced increasing headwind pressure. This ultimately halted the progress of the bull market at around the $0.0024 level. A …
AUDJPY: Price to Rise Soon, Watch out for Buy
The currency pair is in a bearish scenario, anticipating to rise soon.Price breakout is pertinent at the current supply level.AUDJPY Weekly Price Analysis – July 28The AUDJPY market is facing a resistance level, attempting to rise soon. The Yen price is making its way up after completing the lows. …
