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AUD/USD Forecast: Nears March Low At 0.7562, Could Turn Bearish Below It
Tuesday, March 30, 2021 - 4:05pm | 314Read More...AUD/USD Current Price: 0.7593 Aussie fell on a firmer greenback and falling gold prices. AUD/USD nears March low at 0.7562, could turn bearish below it. The AUD/USD pair trades below the 0.7600 level at the end of the American session, as higher government bond yields and weaker equities put...
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EUR/USD Forecast: Trades At Yearly Lows, But The Slide Is Not Yet Over
Tuesday, March 30, 2021 - 4:03pm | 458Read More...EUR/USD Current Price: 1.1720 US Treasury yields jumped to 14-month highs ahead of US President Biden’s speech. US Consumer Confidence soared in March amid hopes for an economic comeback. EUR/USD trades at yearly lows. but the slide is not yet over. The EUR/USD pair fell to 1....
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AUD/USD Forecast: Neutral In The Near-Term, With Increased Bearish Potential
Monday, March 29, 2021 - 5:42pm | 324Read More...AUD/USD Current Price: 0.7633 Mounting risk aversion takes its toll on the Australian dollar. AUD/USD is neutral in the near-term, with increased bearish potential. The AUD/USD pair has managed to post a modest advance at the beginning of the week, heading into the Asian session...
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EUR/USD Forecast: At Risk Of Losing The 1.1700 Level In The Near-Term
Monday, March 29, 2021 - 5:39pm | 433Read More...EUR/USD Current Price: 1.1766 A sour market sentiment maintained the greenback on the winning side. US March Dallas Fed Manufacturing Business Index jumped to 28.9 from 17.2. EUR/USD at risk of losing the 1.1700 level in the near-term. The EUR/USD pair spent Monday consolidating at the...
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AUD/USD Forecast: Dropped To Its Lowest Level In Seven Weeks
Thursday, March 25, 2021 - 4:37pm | 381Read More...AUD/USD dropped to its lowest level in seven weeks. USD capitalized on strong data, recovering bond yields. Additional losses are likely toward 0.7500 in the near-term. After closing the previous two trading days in the negative territory, the AUD/USD pair made a technical correction...
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EUR/USD Forecast: Post Third Decline In A Row, The Lowest Close Since November
Thursday, March 25, 2021 - 4:34pm | 407Read More...EUR/USD Current Price: 1.1779 Euro among worst G10 performers on Thursday as EU leaders discuss the vaccine. US dollar losses strength as Wall Street turns positive. EUR/USD post third decline in a row, the lowest close since November. The EUR/USD pair fell for the third consecutive day on...
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AUD/USD Forecast: Maintains Its Bearish Stance In The Near-Term
Wednesday, March 24, 2021 - 5:03pm | 359Read More...AUD/USD Current Price: 0.7596 Australian March Commonwealth Bank PMIs came in better than anticipated. RBA’s Governor Debelle does not expect inflation to pick up until 2024. The AUD/USD pair maintains its bearish stance in the near-term. The AUD/USD pair ends the day with modest...
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EUR/USD Forecast: At Fresh 2021 Lows And At Risk Of Extending Its Slump
Wednesday, March 24, 2021 - 5:01pm | 508Read More...EUR/USD Current Price: 1.1821 Dollar bulls ignored dismal US data, a better market mood. Markit EU PMIs beat expectations in March, according to preliminary estimates. EUR/USD at fresh 2021 lows and at risk of extending its slump. The EUR/USD pair fell to a fresh 2021 low of 1.1811, as demand...
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AUD/USD Forecast: Approaching The Monthly Low At 0.7621, Bearish In The Near-Term
Tuesday, March 23, 2021 - 4:09pm | 369Read More...AUD/USD Current Price: 0.7641 The American dollar found additional support in Fed Kaplan’s comments. Australian Commonwealth Bank PMIs are foreseen stable in expansion levels. AUD/USD is approaching the monthly low at 0.7621, bearish in the near-term. The AUD/USD pair fell to 0.7638,...
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EUR/USD Forecast: Turned Bearish And Is Set To Pierce The Current March Low At 1.1835
Tuesday, March 23, 2021 - 4:06pm | 567Read More...EUR/USD Current Price: 1.1853 A dismal market’s mood put pressure on the high-yielding EUR. US Federal Reserve chief Powell testified on the CARES Act. EUR/USD turned bearish and is set to pierce the current March low at 1.1835. The EUR/USD pair changed course and fell to a fresh...
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AUD/USD Forecast: Needs To Surpass The 0.7820 Resistance To Attract Bulls
Monday, March 22, 2021 - 5:49pm | 325Read More...AUD/USD Current Price: 0.7749 Easing government bond yields and positive developments in Wall Street underpinned the pair. The Australian macroeconomic calendar will remain empty until next Wednesday. AUD/USD needs to surpass the 0.7820 resistance to attract bulls. The AUD/USD pair trades...
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EUR/USD Forecast: Advances Within Familiar Levels, Still Below The 1.1970 Resistance
Monday, March 22, 2021 - 5:45pm | 464Read More...EUR/USD Current Price: 1.1937 Turmoil in Turkey spurred risk-off at the beginning of the day. Eyes turn on US Federal Reserve chief Jerome Powell testimony on Tuesday. EUR/USD advances within familiar levels, still below the 1.1970 resistance. The EUR/USD pair advanced and closed the day...
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AUD/USD Forecast: At Risk Of Falling During The Upcoming Hours, Mainly On A Break Below 0.7730
Thursday, March 18, 2021 - 3:57pm | 348Read More...AUD/USD Current Price: 0.7760 Upbeat Australian employment data were not enough to push aussie higher. The poor performance of Wall Street and higher US Treasury yields backed the greenback. AUD/USD is at risk of falling during the upcoming hours, mainly on a break below 0.7730. The Australian...
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EUR/USD Forecast: Rejected From Critical Resistance But Holding Above The 1.1885 Support
Thursday, March 18, 2021 - 3:53pm | 466Read More...EUR/USD Current Price: 1.1915 US Treasury yields reached fresh 14-month highs ahead of Wall Street’s opening. Tepid European data and the mixed US figures somehow dented the market’s mood. EUR/USD rejected from critical resistance but holding above the 1.1885 support. The EUR/...
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AUD/USD Forecast: Challenging The 0.7800 Level and Poised To Extend Gains
Wednesday, March 17, 2021 - 5:59pm | 363Read More...AUD/USD Current Price: 0.7804 Australia will publish February employment data this Thursday. US Federal Reserve put the greenback under strong selling pressure. AUD/USD challenging the 0.7800 level and poised to extend gains. The AUD/USD pair recovered from a daily low of 0.7698 to top for...
















