
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Don’t waste your time – keep track of how NFP affects the US dollar!
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Since March 2020, the Australian dollar has been very tough on the USD. From the crisis depths below 0.60, AUD/USD has risen to the current 0.78. Another leap, and it will reach 0.81 – that will be the six-year highs. It’s very important to have the below strategic picture in your mind when you trade this pair because the closer it gets to 0.81, the harder it should be for it to break the resistance. In the meantime, breaking this resistance may lay the beginning of a large uptrend such as those that took place more than a decade ago and lasted for two years. Don’t rush to see bullish domination though: there are commentaries that the US dollar may get back to strength. If that’s the case, we won’t see AUD/USD go as high as in 2009 or 2007. Let’s see.
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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