AUDUSD acts under tension as the new week unfolds. It is a widely held expectation that the Reserve Bank of Australia (RBA) will announce a 25 basis point rate hike on Tuesday, March 7th. This would bring the Official Cash Rate (OCR) to 3.60%, the highest level in a decade. Economists and …
EURUSD Analysis - Sellers Are Still Determined to Resume the Trend EURUSD buyers' eyes run a test back to the 1.07630 price level. It's been an exciting month for EURUSD traders, with buyers and sellers both aiming for control of the market. After a brief period of selling dominance, buyers are now …
The entire daily trading session of yesterday (March 5) was dominated by the bulls. The bull market feels so strong that the $0.04 resistance level could not hold them back. The buying increased so much that even the $0.05 resistance level could not block the bullish price progress. The bull market …
