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EURUSD analysis 06.05.2020

The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce to the third session from its top since the beginning of last month against the US dollar on the cusp of developments and economic data expected today Wednesday by …

AUDUSD analysis 06.05.2020

The Australian dollar versus the US dollar trades stable above the 0.6407 level, and we notice that the stochastic is getting rid of its negative momentum to approach the oversold areas while awaiting price stimulus to resume the expected bullish trend for the coming period, which depends on holding above …

AUDUSD technical analysis 05.05.2020

The pair corrected up after falling on Friday Amis the rising prices for commodity and commodity assets, as well as following the results of the RBA meeting, which decided to keep the key interest rate at 0.25%. Positive market sentiment may push the pair to further growth.

Technical side: …

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