AUD USD ANALYSIS FORECAST Over the last three years narrow range trend in the Aussie 1000 pips 0.69-0.79 price area Are we going to get the same move (14 % ) down or the range will continue? since 2016 i have published a few articles about the Aussie Which now seems to be validated i just put here one of the…
AUD/USD Price Forecast Technical Analysis The Australian dollar is going to be in focus next week. Retail sales will be released on Monday while the Reserve Bank of Australia will be making a decision on interest rates a day later on Tuesday, the expectation for rate decisions is UN change, and also we have US jobs report on Friday. If…
AUD/USD Price Technical Analysis The Australian dollar couldn’t have managed to stay above 0.77 we could see the resistance line and bands at this area .it wasn’t bullish breakout, Since August aud/usd has been trading in a relatively narrow corridor between 0.7460 and 0.7750.We can see in charts the resistance line since 2000, the aud/usd broke this line, and can’t…
AUDUSD TECHNICAL UPDATE Rising commodity prices, as well as lowered expectations of another Reserve Bank rate cut, push the aussie upvictory by Hillary Clinton standing in the way of the Aussie – potential the US Federal Reserve will likely raise rates in DecemberThe Australian dollar’s currency has as strong links to emerging market currencies in AsiaThe Australian dollar’s currency has…