FUND Buy 11.06.2021 09:41
AUD/USD: markets are awaiting action from the US Federal Reserve
Against the background of a noticeably increased volatility of the instrument after the publication of US inflation data, the AUD/USD pair corrects within a sideways trend, trading at 0.7751.
TECH Sell 10.06.2021 07:48
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) has formed, the wave B of (2) has ended, and the wave C of (2) is developing, within which the wave ii of C has ended, and the wave iii of C is forming. If the assumption is correct, the pair will fall to the levels of 0.7410–0.7036. In this scenario, critical stop loss level is 0.7808.
FUND Sell 09.06.2021 08:31
AUD/USD: consolidation pending new drivers
AUD has been flat against USD in the Asian session, consolidating around 0.7730.
TECH Sell 07.06.2021 12:14
AUD/USD: the instrument updated May low
Strong data from the US economy last week led to the strengthening of USD against all majors, as a result of which the Australian dollar renewed its May low.