Trading plan for August 12
The market is still under pressure because of tensions between the United States and China. EUR/USD is consolidating, GBP/USD is near the psychological level.
Tag - aud - australian dollar
EUR/AUD tries to form a top
Last week EUR/AUD tested the highest levels since 2009 at 1.6780, but failed to hold there and closed at 1.65 forming a candlestick with a long upper shadow on W1.
AUD may have a break
The decline of the AUD versus the USD has been steady since July 19. This week AUD/USD has tested the lowest levels since 2009, but then turned back up.
GBP/AUD has potential
GBP/AUD is having a bumpy ride. The pair has been trading in a downtrend since May.
Trading plan for August 9
The AUD and the NZD are trying to correct higher versus the USD. The GBP is under negative pressure and awaits news.
AUD/NZD keeps moving up
Technical analysis of AUD/NZD
Trading plan for August 5
The CNY fell to 11-month low as trade tensions between the United States and China increased…
Weekly Market Outlook: August 5-9
After the rate cut by the Federal Reserve and intensified trade tensions last week, the risk sentiment in the market will be under the main attention.
Trading plan for August 2
US President Donald Trump has crashed the market…
Trading plan for August 1
What to make of the Fed's meeting? We share targets for EUR/USD, GBP/USD, USD/JPY and more.
Trading plan for July 31
It's the day of the USD…
AUD/CAD is going for a butterfly
If we look at the weekly chart of AUD/CAD, it looks like the pair is forming a bullish “butterfly” harmonic pattern.
