Fundamental bias for this pair is Bearish, because of Strong USD in sake of hawkish monitory policy and neutral bias for AUS because of decrease in China's economic growth and the problems of Corona in China, which caused problems in the supply chain
Daily trend is sell
AUD 10Y bond yield: 3.976
U.S. 10Y: 3.697
Most of Retail traders are in long position so...
📝 Weekly gold
From the beginning of 2022 to this moment, It was the best for the US dollar.
In the last 9 months, this global reserve currency has taken full advantage of the increase in interest rates, risk-averse flows, and the lack of a suitable alternative during the recession.
In last Powell speak, he said, would do whatever it takes to control inflation,...
The EURUSD currency pair follows the parity rate of one at the ECB meeting.
EURUSD has bounced back from a good low level since the beginning of the week, which is due to the news of increased interest rates.
But the point is that the expectations from the European Central Bank have increased and this issue provides more downward space for EURUSD movements.
The...
The EURUSD currency pair only due to the Over-Bough of US dollar and the closing some of them in the higher-higher of DXY, and in another side as well as the words of the ECB regarding the increase of 75bp interest rate, will cause this currency pair to rise to higher rates, but still for the fundamental direction is BEARISH.
As a result, we suggest selling from...
On the other hand, given the good news on the US dollar, on the other hand, the bearish outlook for the EURUSD is currently neutral, which means that the probability of failure on both sides will fluctuate. Key support and resistance levels will be at 1.1280 and 1.1360, respectively.
The Ziwox terminal trading offer in the daily trading mode is selling on price...
The downside flag on the EURUSD currency
Given the divergence between the European Central Bank and the US Federal Reserve, the euro is likely to experience lower prices against the dollar.
Despite the disappointing NFP figure, analysts believe that the Federal Reserve will continue to tighten market conditions this year. This will be achieved by ending...
