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EUR analysis 16.03.2020

The single currency, the euro, rose during the Asian session to witness its rebound to the second session from the lowest since March 2 against the US dollar, amid growing fears of a global outbreak of the Coronavirus virus and in the wake of the Federal Reserve cut interest in …

AUD analysis 16.03.2020

The Australian dollar versus the US dollar made a strong break to support the main descending channel and settled below it, which stops the positive scenario suggested in our recent report and leads the price to achieve a further decline in the short and medium term, on his way to …

GBPUSD technical analysis 03.16.2020

The pair is under extreme pressure due to the Brexit-related economic problems. Expected rate cuts by the Bank of England will lead to further drop of the pair. The US dollar is in demand as a safe haven in times of crisis.

The price is below the middle Bollinger band, …

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