Australian Dollar Price Forecast: Looking at the RBA rather than at the Fed
The Australian Dollar (AUD) struggles to extend further its ongoing rally, with AUD/USD coming under some tepid pressure around the 0.6650 region, or multi-week tops.

The Australian Dollar (AUD) struggles to extend further its ongoing rally, with AUD/USD coming under some tepid pressure around the 0.6650 region, or multi-week tops.
The performance of the gold price index on the daily chart hints at a strong forthcoming move in either direction, and today’s most significant event—the US Central Bank announcement—may be the catalyst for this to occur. Spot gold prices have been moving in extremely narrow ranges during recent trading sessions, oscillating between the support level…
Dear reader, as observed in market performance, the EUR/USD pair is showing stability within a short-term ascending triangle pattern, with the price currently testing the horizontal resistance level at the psychological mark of 1.1650. This chart pattern typically signals bullish continuation, suggesting the possibility of an upward breakout. The EUR/USD is trading around the 1.1645…
The USD/SGD as of this morning’s trading is near the 1.29545 ratio which is essentially where the currency pair was trading last week at this time, this as the U.S Federal Reserve gets ready to emerge from the shadows later today.
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