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AUD/USD surged above the 0.6800 and 0.6850 levels. NZD/USD is also rising and might aim for more gains above 0.6300. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar rallied after forming a base above the 0.6750 level against the US Dollar. There is a key bullish trend line forming with […]

The post Market Analysis: AUD/USD Rallies Toward 0.7000, NZD/USD Follows Suit appeared first on Action Forex.

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13/12/2023

Crypto Continued Retreat

Market picture The total capitalisation of cryptocurrencies has declined by almost 2% to $1.54 trillion in the past 24 hours. This is still a move in the opposite direction relative to the US and European indices, which are rising. Given that the current year is marked by impressive growth in cryptocurrencies, profit-taking looks like a […]
20/05/2024

Pound Shrugs After BoE’s Broadbent Signals Rate cut

The British pound is almost unchanged on Monday. GBP/USD is trading at 1.2704 in the European session at the time of writing. The pound is coming off a strong week, with gains of 1.4%. GBP/USD touched a high last week of 1.2711, its highest point since March 21. The markets are keeping a close eye […]
18/01/2024

NZDUSD Plummets Below 50-day SMA

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