FUND Buy 05.06.2020 09:33
AUD/USD: Australian dollar is strengthening
AUD is showing moderate growth against USD during the Asian session on Friday, again preparing to test the important resistance at 0.7000.
FUND Buy 04.06.2020 07:49
AUD/USD: the pair is growing steadily
The AUD/USD pair shows an upward trend against the background of the continuing decline of the US dollar index to a basket of major currencies.
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 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.