Commodity pairs (AUD, NZD, & CAD) did very well since last night as the majors faltered over the rate outlook. A chart and table is attached for explanation. Aussie is doing well against the dollar but failed to break ab…
Commodity pairs (AUD, NZD, & CAD) did very well since last night as the majors faltered over the rate outlook. A chart and table is attached for explanation.
Aussie is doing well against the dollar but failed to break above the resistance on positive GDP. Australian GDP grew 0.5% in the fourth quarter and 2.5% YoY. Aussie is currently trading at 0.784, up 0.3 percent for the day. Immediate Support lies at 0.767 & Resistance 0.792.
Kiwi looks like will soon break above the resistance, testing it throughout the day. It could see significant position built up once the level is broken. No major event risk from New Zealand for the week ahead and the pair might continue its bullish bias. Pair is currently trading at 0.76. Immediate Support lies at 0.742 & Resistance 0.762.
Canadian dollar is trading sideways for the day in a narrow range with low volume as the market is awaiting the policy decision from BOC later at 15:00 GMT. Canadian dollar might join its commodity peers in gaining ground if the policy outlook remains neutral. Currently trading at 1.251. Immediate Support lies at 1.235 & Resistance 1.272.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
