The Fed is ready for unlimited QE. To support the US economy, the Federal Reserve intends to buy bonds in unlimited amounts in order to keep interest rates low.
Support level 135.00 holds back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. The …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. The upward H1 level pattern is currently truncated.
Trading recommendations:
Sell while the descending pattern is forming, …
The Australian dollar versus the US dollar succeeded in confirming the breach of the 0.5958 level after the daily candle closed above it, which supports the continuation of our effective expectations for the bullish trend during the coming period, and the path is open to achieving our next target which …
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