The Australian dollar versus the US dollar made more positive trades yesterday to reach our awaited target at 0.6685, and some slight bearish tendency appears due to the stochastic negativity, pending obtaining a positive momentum enough to push the price to breach the mentioned level and open the way for …
The US economy is recovering from a severe fall caused by the pandemic.
The price pivot zone of 46.67 holds back buyers, if the price fixes above it, there will be an opportunity for further growth. Stochastic Oscillator moving indicators showed an exit from the oversold zone and are …
The pair dropped below the strong support level of 1.3860, where it has been trading recently. The increase in crude oil prices amid the renewed economic activity as countries lift lockdowns supports the demand for risk assets and crude oil, while pressuring the US dollar.
Technical side:
The price …
Don't have your language?
