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AUDCAD is higher again today above 0.9100 RSI and MACD are holding in their positive regions AUDCAD has been in an upward movement since February 8, posting a 14-month high of 0.9125 earlier in the day. Entering the 0.9100 area has been a struggle over the past two days, and there might be another tough obstacle around […]

The post AUDCAD Rises to New 14-Month High appeared first on Action Forex.

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14/08/2024

GBP/USD Outlook: Cable Dips on Softer Than Expected UK Data, Focus Shifts on US Inflation

Cable fell 0.35% in immediate reaction to softer than expected UK inflation numbers in July. Although the BoE expected inflationary pressure to rise after CPI stayed at 2% target in past two months, weaker than expected July figure adds to expectations for more rate cuts that deflated sterling. Fresh dip emerged after repeated failure to […]
28/03/2024

Something Must Give

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22/08/2024

AUDUSD Loses Some Positive Momentum

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