The Australian dollar fluctuated in a narrow range tilted toward the decline during the Asian session to witness the lowest since the beginning of this week, when it tested the lowest since the tenth of March 2009 against the US dollar amid the growing fears of an outbreak of the …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving average and in the range of the round important level of 1.1300. The descending truncated H1 level pattern ended with the breakout of the inclined channel (aC M30). Breaking through the resistance …
The pair is under pressure below 1.2800 amid yesterday's Bank of England’s unexpected key interest rate cut by 0.50% to 0.25%. The pair will continue its local decline.
The price is below the middle line of the Bollinger indicator, below SMA 5 and SMA 14. RSI is above the 50% …
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