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EUR/AUD continues to decline after the earlier downward reversal from the strong resistance level 1.4640 (which also revered the pervious intermediate ABC correction (4) in December, as can be seen from the daily EUR/AUD chart below). The resistance zone near the resistance level 1.4640 was further strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.4640 created the daily Japanese candlesticks reversal pattern Shooting Stat Doji.
EUR/AUD is expected to fall to the next sell target at the next support level 1.4300 (previous powerful resistance level from March).
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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