FUND Buy 03.08.2021 09:52
AUD/USD: the RBA left monetary policy unchanged
AUD/USD has reversed and is showing an uptrend on the back of the expected decision by the Reserve Bank of Australia (RBA) on interest rates, currently trading at 0.7400.
FUND Buy 02.08.2021 10:50
AUD/USD: development of correction is possible
From early May to July 20, the AUD/USD pair was moving in a pronounced downtrend, losing 6.7%, however, given the drop in the US dollar index that began last week, the price may correct to the level of 0.7423.
FUND Buy 30.07.2021 08:52
AUD/USD: the instrument is consolidating
AUD shows ambiguous trading dynamics against USD in the morning session, consolidating near 0.7400.
TECH Sell 28.07.2021 08:00
AUD/USD: wave analysis
The pair may fall.
On the daily chart, the first wave of the higher level (1) of C developed, and a downward correction forms as the wave (2) of C. Now, the wave A of (2) is forming, within which the third wave of the lower level iii of A has developed, and a local correction has started to forming as the wave iv of A. If the assumption is correct, after the end of the correction, the pair will fall to the levels of 0.7036–0.6742. In this scenario, critical stop loss level is 0.7616.
FUND Sell 27.07.2021 12:24
AUD/USD: Australian currency remains under pressure
AUD remains under pressure due to the aggravation of the pandemic situation in the country, which could nullify all the successes of the national economy in the first half of this year.