30 May: AUD/USD Value Evaluation: Snaps two-day rebound inside bear flag, 0.6510 eyed

AUD/USD takes offers to refresh intraday low inside bearish chart formation. Absence of oversold RSI (14) line adds strength to downside bias. Aussie pair’s recovery remains elusive unless breaking one-week-old falling resistance line. AUD/USD renews its intraday bottom around 0.6530 as it prints the first daily loss in three amid early Tuesday morning in Europe.


30 May: USD/CHF directs three-day dropping streak in the direction of 0.9000 as Swiss GDP, US Shopper Confidence loom

USD/CHF extends Friday’s pullback from seven-week high, remains pressured around intraday low. Market’s cautious optimism, positioning before the key data weigh on US Dollar. Swiss Q1 GDP, US CB Consumer Confidence will decorate calendar. Headlines surrounding US debt-ceiling extension, full markets’ reaction to shift in risk catalysts will be the key. USD/CHF drops for the


30 May: USD/MXN Worth Evaluation: RSI situations prod Mexican Peso consumers round 17.53-54 area

USD/MXN takes offers to approach 13-day-old horizontal support zone, down for the third consecutive day. Oversold RSI (14) line challenges Mexican Peso pair’s further downside toward yearly bottom. 200-SMA, two-month-old descending resistance line check USD/MXN bulls before giving them control. USD/MXN holds lower ground near the lowest levels in a fortnight, mildly offered around 17.57


30 May: USD/JPY drops sharply to close 140.00 as USD Index faces promoting motion forward of US Employment

USD/JPY has dropped sharply to near 140.00 amid a sell-off in the USD index. The risk profile would be cautious as investors are backing one more interest rate hike by the Fed considering resilience in consumer spending. The BoJ will continue with its bond-buying operations to keep inflation steadily above 2%. The USD/JPY pair has


30 May: GBP/USD: Cable patrons method 1.2400 as upbeat sentiment weighs on US Greenback, UK inflation woes amplify

GBP/USD renews intraday high during three-day rebound from monthly low. UK shop price inflation jumps to record high, per BRC. Optimism surrounding US debt ceiling deal prod US Dollar bulls ahead of mid-tier US data. Risk catalysts are the key for clear directions amid full markets’ return after Monday’s holidays in major economies. GBP/USD prints