AUD/USD turned down
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/CHF: picture looks grim
Information is not investment advice
EUR/CHF broke below 1.1150 - the lower border of the sideways range within which it has been trading since the middle of 2018. Then the euro retested this line at the end of June but was once again rejected lower. It means that the pair will likely go to lower levels. The obvious target lies at 1.0925 (78.6% Fibo retracement of the 2017-2018 advance).
The upcoming meeting of the European Central Bank represents a negative factor for the European currency.
Elizabeth Belugina
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EUR/AUD has some fuel
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
EUR/USD pushed up from support
EUR/USD spiked down to the September low in the 1.0930 but failed to stay there and closed around 1.1060 on Thursday.
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AUD/USD turned down
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD has some fuel
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.
USD/CAD is in a triangle
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
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