Tag - aud - australian dollar

Trading plan for August 12
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.

EUR/AUD tries to form a top
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
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 has potential

GBP/AUD is having a bumpy ride. The pair has been trading in a downtrend since May.

Trading plan for August 9
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.

Trading plan for August 5
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
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.

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