The Australian dollar against the US dollar shows sideways trading in the past sessions, and maintains its stability above 0.7255, which keeps our bullish expectations valid and effective in the intraday and short term, supported by the SMA 50, waiting to visit 0.7413 as a next main target.
On the …
The US dollar fluctuated in a narrow range slanting to rise during the Asian session against the Japanese yen, following the developments and economic data that were followed on Friday by the Japanese economy and amid scarce economic data in the last sessions of the week by the US economy, …
The pair is trading in the range of 1.1815–1.1890 amid the uncertainty, moving in a flat and wobbly trend.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is turning down. Stoch have entered into …
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