FUND Buy 30.11.2020 08:29
AUD/USD: the pair continues to grow
AUD continues to rise moderately against USD, staying at 0.7387, but the uptrend for the instrument is not as strong as compared to other major currencies.
FUND Buy 26.11.2020 08:59
AUD/USD: the instrument is consolidating
AUD is showing ambiguous performance against USD during today's morning session, consolidating near local highs since early September and anticipating new market drivers.
FUND Buy 25.11.2020 12:26
AUD/USD: general review
This week, the pair resumed its growth and reached three-month highs around 0.7370.
TECH Sell 23.11.2020 07:54
AUD/USD: wave analysis
The pair is in a correction, a fall is possible.
On the daily chart, the first wave of the higher level 1 of (1) developed, and a downward correction develops as the second wave 2 of (1). Now, the wave a of 2 has formed, and a local correction has ended as the wave b of 2. If the assumption is correct, the pair will fall within the wave c of 2 to the levels of 0.6910–0.6682. In this scenario, critical stop loss level is 0.7413.