Latest Market News

The BTC rose to 24,968 USD in the middle of the week. After the cryptocurrency market took a break from domestic negativity and regained correlation with US exchanges, all news related to the US and its economy in one way or another became relevant. For example, the consumer price index report for February. Inflation fell […]

The Australian Dollar paired with the US dollar is gently recovering. The current AUDUSD quote is at 0.6684. Both the weakening factor of the US dollar and the technical signals are working in favour of the AUD. The fundamental background looks multidirectional. Australia released its own statistics the day before, which came out weak. Thus, […]

The EURUSD is holding on to its previous positions as of Tuesday. The current quote in EURUSD is 1.0710. At yesterday’s closed meeting, the US Federal Reserve discussed the interest rate aspect for the Federal Reserve Banks. It was probably also about the sustainability of the US banking system as a whole. This is now […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the AUDUSD is below the 200-day Moving Average, indicating a prevailing downtrend. The RSI is testing the resistance line. In this situation, a break down of the 2/8 level (0.6591) is expected, followed by a fall in price to the 1/8 support (0.6469). The overcoming of the […]

The British pound sterling has risen markedly against the US dollar. The current quote in GBPUSD is 1.2164. The UK released employment sector statistics on Tuesday. The unemployment rate in January held steady at 3.7% against expectations of an increase to 3.8%. Average payrolls for the 3 months ending in January rose 5.7% (in line […]

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is testing the upper boundary of the descending channel. The pair is moving above the Ichimoku Cloud, suggesting an uptrend. A test of the Tenkan-Sen indicator at 0.6205 is expected, followed by the rise to 0.6355. The rebound from the bottom boundary of the bullish channel will […]