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08.04. Fresh trading analysis: the Fed's meeting, Treasury yields fall

Thursday, April 8th, today’s news—the Fed's meeting minutes confirm the regulator's dovish policy. Treasury yields fall ahead of jobless claims data, dollar is trading near a two-week low, global stock markets rise, S&P 500 hits another record close, Germany's industrial orders rise. The price of Brent oil is $62.77, WTI—$59.27, EUR/USD …

AUDUSD analysis

The Australian dollar against the US dollar managed to break the 0.7615 level and close the daily candle below it, which supports the continuation of our bearish expectations effectively during the coming period, paving the way for heading towards 0.7500, which represents our next negative target.

Therefore, we will continue …

Cisco stock analysis

 

 

 

Cisco's share continues to rise after it managed to confirm the breach of the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of last month.

The price is trading above the moving averages …

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