AUD/USD: 11-year lows
AUD is on a downswing against the USD. It reached the Spring-2009 lows. Will it continue the same direction?
EUR/USD: main trend still bearish
Information is not investment advice
The main trend is still bearish. At the same time, there's an 'Inverted Hammer', which hasn't been confirmed yet. In this case, for now, it's likely that the market is going to test the nearest resistance by the 'Window' and the 34 Moving Average (1.1304). The subsequent pullback from these levels could lead to another decline in the direction of the next support at 1.1148.
Galya Svetlova
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AUD/USD: 11-year lows
AUD is on a downswing against the USD. It reached the Spring-2009 lows. Will it continue the same direction?
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NZD seems to be in an equal fight against the JPY. What stands behind that?
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