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AUDUSD technical analysis 10.11.2020

The pair is trading above 0.7270. It’s supported by the overall demand for risk assets, while it’s expected that China–Australia trade will benefit as the relationship between Beijing and Washington is normalized.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI …

EURUSD analysis 09.11.2020

The single currency, the euro, fluctuated in a narrow range that tends to rise during the Asian session, to witness the highest since September 15th against the US dollar on the cusp of economic developments and data expected today, Monday by the economies of the euro area, which includes the …

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