Australian Dollar Canadian Dollar traded at 0.88044 this Tuesday June 27th, increasing 0.00190 or 0.22 percent since the previous trading session. Looking back, over the last four weeks, AUDCAD gained 0.92 percent. Over the last 12 months, its price fell by 0.95 percent. Looking ahead, we forecast Australian Dollar Canadian Dollar to be priced at 0.87195 by the...
The Kiwi dollar increased by 0.35% to $0.6186 on Tuesday, strengthening for the second straight session, supported by hopes that interest rates in New Zealand will remain higher for longer amid persistently high inflation. The country's annual inflation rate was at 6.7% in Q1 of 2023, more than twice the bank’s target range but was also lower than an over 7% peak...
Governor Ueda of the Bank of Japan stated that the monetary policy would remain loose until the 2% target was sustainably attained. The US banks' losses to Japan are relatively small, and the Japanese economy is stable and slowly improving. In the middle of the current fiscal year, inflation will be moderate.
CADJPY ORIGINALLY IS ON AN UPTREND ON HIGHER TF. NEVERTHELESS I THINK WE COULD SELL THE 15MINS PULL BACK AND ENTER A BUY LATER. The Trend is your friend so they say, so its better to wait for the bullback and enter the anticipated buy. the real sell is probably next week when the 4hour OB has been filled
EURGBP has finally returned to fill the FVG And OB. I think now is a good time to buy this pair. we have Flash Manufacturing PMI and Flash Services PMI coming up for GBP in a few minutes. SOME IMPORTANT NEWS 📌 European business confidence in China has hit a record low, according to a recent survey. Respondents cited China's sluggish economy and ongoing...
HOW TO PROFIT FROM EURGBP RISE AND BREAKOUT. EURGBP has been on a consistent bearish fall. this breakout could either be a false breakout or a change of trend. Nevertheless we wait for more trade confirmations, but i suggest buy limits be placed at the 1 hour FVG or OB