NZD/USD is looking for a clear direction in the short-term, as the technical indicators are showing a neutral stance…
GBP/AUD reversed from resistance zone
- GBP/AUD reversed from resistance zone
- Next sell target - 1.6800
GBP/AUD continues to fall inside the intermediate impulse wave (3), which started earlier from the combined resistance area lying at the intersection of the key resistance level 1.7130 (top of the previous minor correction 2 from July), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous sharp downward impulse from the start of May. GBP/AUD is expected to fall to the next sell target at the next support level 1.6800.
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…