TECH Buy 03.06.2020 08:39
AUD/USD: wave analysis
The pair may grow.
On the 4-hour chart, a downward correction developed as the wave B, and the formation of the wave C started, within which the first wave (1) of C forms. Now, the third wave 3 of (1) is forming, within which the wave of the lower level iii of 3 is developing. If the assumption is correct, the pair will grow to the levels of 0.7100–0.7300. In this scenario, critical stop loss level is 0.6779.
FUND Buy 02.06.2020 09:20
AUD/USD: instrument updates local highs
Today, during the Asian session, the AUD/USD pair is growing moderately, renewing the highs of the end of January 2020. Yesterday, the Australian dollar showed the best recent growth due to a decrease in the US currency across the entire spectrum of the market.
FUND Buy 01.06.2020 08:25
AUD/USD: the pair continues to grow
The pair is showing an uptrend amid the continued fall of the USD Index.
FUND Buy 25.05.2020 12:03
AUD/USD: general review
Last week, the pair significantly strengthened in response to optimism about the imminent resumption of global economic activity and encouraging news about the coronavirus vaccine.