The Australian dollar fluctuated in a tight range slipping during the Asian session to see its rebound for the ninth session in seventeen sessions of its highest since August 9 against the US dollar amid a lack of economic data by the Australian economy and on the eve of developments …
AUDUSD
The pair is in downtrend, above 0.7035, as commodity and raw material prices are falling, while the major American stock index futures are also falling. Yesterday’s demand for risk assets seems to be a dead cat bounce: a brief recovery before resuming the decline.
The price is below the …
USDCAD
The pair is in uptrend above 1.3565 as the crude oil prices are falling again and the Fed is expected to resume its high interest rates policy.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is on the level of the overbought …
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