15.08.2022
Chicago 12, Melborne City, USA
Business

AUD / USD Falls to Twenty-one Days Low, Focuses 0.6800

AUD / USD sellers applied some downward pressure on the pair for three days in a row. And, today the pair fell to 2-weel depth, close to 0.6865 few hours into the European trading period. The increasingly Poor world economic outlook keeps burdening the feeling of investors. Consequently, this reflects in the dominant careful mood […]

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Politics

AUD / USD: Aussie Remains Capped by 10DMA, Keeping Bearish Bias:

The Aussie dollar eases from one-week high on Tuesday after failing to benefit more from positive news that China slashed Covid quarantine for international travelers. The price action fell back below 10DMA (0.6951) which caps the price since June 9 and maintains negative bias, with repeated daily close below to add to fragile near-term structure. […]

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Business

AUD / USD Stays Down Under 0.6900 Price Level

AUD / USD experienced shorting for 2 days straight. This caused the pair to dip to more than a week low near 0.6870 to 0.6875. The market feeling stays vulnerable amidst the uncertainty of key central banks increasing interest rates to curtail rising inflation. This is to be done in such a way that economic […]

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Politics

AUD / USD: Aussie Remains in Red as Weak Data Boost Growth Slowdown Fears:

The Aussie dollar holds in red for the second consecutive day, following a double-rejection under psychological 0.70 barrier and came under increased pressure on downbeat economic data. Australia’s composite PMI which tracks activity in manufacturing and services sectors, fell to 52.6 in June from 52.9 in May, raising fears about economic growth slowdown. Fresh… AUD […]

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Analytics

Head and Shoulder Patterns Complete on AUD / CAD 1-Hour Chart

Visit Website. Features Important! Rating Join Signals Channel 1 5 Signals Sent Daily From Monday to Friday 99.9% Binary Options Winning Rate 24/7 Support for Members Our fixed time trading signals are 99.9% accurate. What are you trading today in Forex? Is AUD / CAD one of the pairs on your watchlist? If not then […]

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Business

AUD / USD Relaxes Under 0.6950 During POBC Idleness

AUD / USD receives bids around 0.6950 while gathering its daily profits earlier today. For The pair to have achieved this, news of China’s worries about the world recession and the Fed’s rate increase has been been of assistance. Moving on, the POBC (People’s Bank of China) kept its main monetary policy constant. These include […]

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Business

AUD / USD Focuses on 0.7000 During Risk-off Mood, and Australian Employment Data

AUD / USD gets to lower price levels around 0.7030, after its renews its 3-weeks low. Bad news from China combined with risk-avoiding moves supported the downward forces. This caused the AUD / USD to drop for 4-days straight. However, the AUD / USD pairs risk gauge losses can be related to rising anxieties of […]

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Analytics

Head and Shoulder Pattern on AUD / USD and Possible Reversal

The head and shoulder pattern is one of the bearish reversal chart patterns that cannot be ignored. More so if you have other indicators in the chart to confirm your forecasts. In this analysis, we look at the AUD / USD pair on the 4-hour chart. Before we proceed though, let me remind you about […]

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Analytics

Double Bottom Pattern on AUD / USD and Resistance Ahead.

I don’t know who needs to hear this, but there is still a big BUY opportunity on the AUD / USD pair. Whichever angle you decide to look at it from, you will end up with one possible scenario, an UPTREND. Before that and more, let me remind you that we have recently introduced a […]

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Analytics

Forex Economic News and Watchlist: AUD / USD

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