A ForexTrading.TV Technical Analysis Video Alert for FOREX

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AUD/USD gains momentum above 0.6500 ahead of Australian Retail Sales data

AUD/USD gains momentum above 0.6500 ahead of Australian Retail Sales data

AUD/USD trades in positive territory for six consecutive days around 0.6535 during the early Asian session on Monday. The upward momentum of the pair is bolstered by the hawkish stance from the Reserve Bank of Australia after the recent release of Consumer Price Index inflation data last week.

AUD/USD News

EUR/USD: Federal Reserve and Nonfarm Payrolls spell action this week

EUR/USD: Federal Reserve and Nonfarm Payrolls spell action this week

The EUR/USD pair temporarily reconquered the 1.0700 threshold last week, settling at around that round level. The US Dollar lost its appeal following discouraging United States macroeconomic data indicating tepid growth and persistent inflationary pressures.

EUR/USD News

Gold: Strength of $2,300 support is an encouraging sign for bulls

Gold: Strength of $2,300 support is an encouraging sign for bulls

Gold price started last week under heavy bearish pressure and registered its largest one-day loss of the year on Monday. The pair managed to stage a rebound in the second half of the week but closed in negative territory. 

Gold News

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost. 

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Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

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