The Reserve Bank of Australia is pondering the surge in inflation and the increase in the rate of unemployment to readjust its position on the interest rate outlook at its forthcoming meeting for this year, which is to be held tomorrow.There is apprehension in the financial markets about a cash rate …
Price Action Charts in Focus
EURCHF Bears Fail to Give Up Their Strength in the Market
EURCHF Analysis - EURCHF Bears Fail to Give Up as Price Trade Down to 1.03120 EURCHF bears fail to give up their strength in the market as prices continue to trade down to a significant level of 1.03120. The bears have been in succession for a long time, despite other prospects' involvement in the …
USDJPY: Is Experiencing a Bullish Pressure
USDJPY is facing an increase in buying pressure and may continue in the same direction if it breaks $116.352Overall market sentiment regarding the currency pair remains bullish. USDJPY Weekly Price Analysis – January 28Should the bulls increase their momentum, the resistance level at $116.352 may be …