FX Watch: AUD/USD and AUD/NZD Breakouts for a Hawkish RBA Hold
The RBA is still widely expected to hold rates at 4.35%, but reiterating that this is merely a pause in their tightening cycle could keep AUD bulls hopeful for more hikes.
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The RBA is still widely expected to hold rates at 4.35%, but reiterating that this is merely a pause in their tightening cycle could keep AUD bulls hopeful for more hikes.
Read MoreUSD/CAD may be setting up for a bounce after sliding to fresh monthly lows! How high can USD/CAD fly before the sellers step back in?
Read MoreUS CPI lands Wednesday after payrolls contracted and Iran ruled out talks. Six weighted lanes, ATR-sized levels, and the first published projections above gold’s chart.
Read MoreGold posted its biggest week since January, oil gapped through three published levels, and the 28% base case failed every trigger leg. Full grade inside.
Read MoreAUD/USD sits just below a resistance shelf near a major psychological mark, right as the RBA heads into its next monetary policy decision.
Read MoreWTI crude oil appears to have broken below the neckline of a complex head and shoulders pattern. Can this pullback gather more selling energy?
Read MoreGold enters August with fresh momentum, but Fed policy, inflation, and real yields could decide whether the breakout has legs.
Read MoreNZD/USD has been cruising inside a freshly-forming ascending channel. Will this trend pattern hold up as the pair stalls near the resistance?
Read MoreGuppy recently fell through a long-term ascending trend line, suggesting that a reversal is in the cards. Can it still pull up for a retest of the former support?
Read MoreOil broke two Sunday levels on Hormuz optimism, the S&P hit a fresh record, and JOLTS split its signal. Updated scenario levels and probabilities inside.
Read MoreWhen the morning’s freshness has been replaced by the weariness of midday, when the leg muscles give under the strain, the climb seems endless, and suddenly nothing will go quite as you wish – it is then that you must not hesitate.Dag Hammarskjold