50 Basis Point Rate Cut – A Review And Outlook
Last week, the Federal Reserve made a significant move by cutting its overnight lending rate by 50 basis points.
AUDUSD Forex Elliott Wave Technical Analysis - Tuesday, September 24
In conclusion, the AUDUSD daily chart reflects a strong bullish trend. With Orange Wave 2 completed and Orange Wave 3 pushing the market higher, the outlook remains positive unless the price dips below 0.66222.
USD/CAD Price Forecast: Falls Toward 1.3500; Next Support At Lower Boundary Of The Pattern
The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal. A break below the psychological 1.3500 level could lead the pair to test the lower boundary of the falling wedge.