Brexit deal is close? GBP/USD has risen by more than 140 pips!
The reports that the UK and the EU are close to complete a draft Brexit deal have pushed the British pound higher.
Weaker risk sentiment pulls the AUD to its lowest levels since January
AUD/USD continues to move within the downward channel. At the moment, the aussie is testing the support at 0.6917. This is the lowest level for the pair since the flash crash at the beginning of January. The next support lies at 0.6871. The bearish weakness may help bears to push the Australian dollar back to the resistance at 0.6957. If this level is broken, the next resistance will lie at 0.7. RSI is currently testing the oversold zone, while the Stochastic indicator is already moving within this zone.
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Will the indicators bring chance to the USD bulls?
The United States will publish the indicators of retail sales and core retail sales on October 16, at 15:30 MT time.
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Latest news
Brexit deal is close? GBP/USD has risen by more than 140 pips!
The reports that the UK and the EU are close to complete a draft Brexit deal have pushed the British pound higher.
Market updates on October 15
The GBP is going to be volatile today, while USD/TRY may be looking for a retest of its highs. Read more!
Will the indicators bring chance to the USD bulls?
The United States will publish the indicators of retail sales and core retail sales on October 16, at 15:30 MT time.
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