AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
AUD/CHF is under pressure
Information is not investment advice
AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA). The downtrend resistance line was also located nearby. The pair topped on H4 and slid below the 100-period MA at this timeframe (0.7085). The odds are that the Aussie weakened by the dovish RBA will revisit at least last week’s lows. The downside target can be put at 0.7040. Further support is at 0.6970.
Elizabeth Belugina
Similar
USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
USD/CAD is capable of more
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
Popular
AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
Coronavirus and markets: where the connection is
This time, the coronavirus has affected not only China but the whole market sentiment. Let’s figure out why this has happened.
USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
Choose your payment system
