The pair is correcting downward after the US Department of Energy decides to sell oil from the Strategic Petroleum Reserve, while further rate cuts are expected from the Fed, as well as the new economic stimulus measures by the ECB. Amid the increasing demand for risk assets, the pair will …
The overall trend is upward. The presumptive correction (a truncated construction of the M30 level) tested the zone of 365 and 135 moving averages. The round intermediate level of 1650.0 restrains sellers.
Buy while an ascending pattern is forming, where the wave (as) breaks through the inclined channel of the …
The Australian dollar versus the US dollar tested a test of 0.6670 yesterday and rebounded significantly from there, and we notice that the price starts today with an additional drop to move without resisting the descending channel, which supports the continuation of the main downside scenario, whose first target is …
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