The AUD/JPY pair is primed for further gains as interest rate divergence between the RBA and BoJ continues to favour the Australian dollar. Technically, the pair has room for upward movement, with bullish signals from both moving averages and RSI, alongside key support levels holding firm.
ASML’s latest technical indicators, including a death cross and bearish engulfing pattern, indicate further downside potential. With key support at $730 being tested and RSI nearing oversold conditions, the stock could see additional declines if bearish momentum persists.
Key technical indicators for Warner Bros Discovery point to a bullish reversal, with RSI and moving averages signalling potential further gains. Traders should watch for a breakout above $8.45 for confirmation of the upward trend.
Gold prices are hovering around $2,653, supported by inflationary pressures but facing resistance near $2,680. The 50-day moving average at $2,550 provides key support, while RSI indicates further potential upside. Sentiment is cautiously bullish, but a strong dollar could cap gains.
The USD/JPY pair shows strong bullish momentum, driven by the widening interest rate differential between the Federal Reserve and the Bank of Japan. Technical indicators also point to continued strength, with the pair breaking key resistance levels and forming a golden cross. Analysts expect further upside, with price targets of 150.00 and beyond.
The USD/CHF pair is set to extend its gains as the Federal Reserve’s hawkish stance and strong US economic performance support further upside. The pair is trading above its 50-day SMA, and a breakout above 0.8600 could lead to a test of the 0.8800 level.
Key technical indicators such as a bullish engulfing pattern and RSI recovery suggest a potential reversal for Albemarle (ALB). The stock’s bounce off its 200-month SMA provides a compelling buying opportunity, with a favourable risk-reward setup targeting $125.00.
Introduction The Australian dollar (AUD) has weakened against the Swiss franc (CHF), reflecting a broader risk-off sentiment and divergence in monetary policies. With the Reserve Bank of Australia (RBA) maintaining a neutral stance and the Swiss National Bank (SNB) continuing its inflation-targeting efforts, the AUD/CHF pair has been showing signs of bearish momentum. Geopolitical tensions and subdued global growth expectations have further impacted risk-sensitive currencies like the Australian dollar, while……
Read more
This analysis outlines a bearish outlook for CAD/CHF, supported by weaker Canadian economic data and CHF’s safe-haven status. Key technical indicators such as moving averages and RSI signal further downside. Short positions targeting 0.6100 are recommended, with careful risk management.
Carnival Plc (CUK) shows bullish momentum as it breaks through critical resistance, with rising volume and moving averages supporting further gains. RSI levels remain in neutral-to-bullish territory, and a break above $18.50 could see the stock test $22.00 in the near term.
