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Tech Heavy Hitters to Report US earnings season rolls on and today marks an important day for the tech sector with heavy hitters Alphabet and Microsoft both due to report Q4 results at the market close. Given the sudden AI gold-rush we’ve seen emerge over the last year, these two companies’ results are drawing even […]

Daily Trade Setups GBPAUD CADJPY & AUDJPY To access today’s action analysis click here! Source: Tickmill

The Pound Sterling faced a decline as investor sentiment turned cautious in anticipation of a bustling week. The GBP/USD pair experienced a gradual fall, with all eyes on the forthcoming interest rate decisions from both the Bank of England (BoE) and the Federal Reserve. These decisions, widely expected to maintain rates unchanged for the fourth […]

The Japanese yen, paired with the US dollar, slightly strengthened by Tuesday. The current USDJPY exchange rate stands at 147.40. might reconsider its large-scale stimulus program in this scenario. This morning saw the release of stronger-than-expected statistics on the employment market in Japan, reinforcing market expectations for the future tightening of monetary conditions by the […]

The Australian dollar, paired with the US dollar, has slightly increased. The current AUDUSD exchange rate stands at 0.6610. In December, retail sales in Australia declined more than expected, by 2.7% m/m instead of the anticipated 1.7%. The data represents the weakest performance for the year. Following the release of the statistics, Australian bonds continued […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI is testing the resistance line. In this situation, a downward breakout of the 4/8 (0.6591) level is expected, followed by a decline to the support at 3/8 (0.6530). The scenario could […]