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The cautious markets give traders several interesting opportunities…
The cautious markets give traders several interesting opportunities…
The RBA cut rate as planned, but soon there will be more news for the AUD…
The first week of July is going to be exciting!
The Reserve Bank of Australia is expected to cut its Cash Rate from 1.25% to 1% on Tuesday, July 2.
AUD/CAD is consolidating in the narrow range between 0.92 and 0.9160 for the fifth day.
AUD/NZD has been forming a series of lower highs since April. This week the pair settled below the 100-day MA at 1.0500.
What may bring us some trading opportunities?
On H4 of AUD/NZD, the pair has been moving to the resistance at 1.0538.
Have a look at the chart of EUR/AUD. There’s a bearish divergence between the price and the Awesome Oscillator on D1.
The meeting of the Federal Reserve will take place later today…
AUD/USD has been falling since the start of 2018. On W1, the pair formed a “Falling three method” candlestick pattern.
What the upcoming week prepares for us
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!