AUD/CHF is trading within a long-term downtrend. Now there’s scope for a bullish correction.
Tag - aud
There were no major moves during the Asian trading session, however we have some events today, which may affect the sentiment in the market.
What to expect this week
The economic calendar for the upcoming week contains a number of important events…
The USD is supported by the strong retail sales figures. The GBP has also managed to recover. What will be the next moves of the key currencies?
The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
Get the technical and fundamental analysis for EUR/USD, USD/JPY, oil and more!
Levels for Wednesday's trading
Although the US President decided to delay some tariffs on Chinese goods, the market's mood didn't improve much. Find out what has happened and how to trade on it!
The sentiment in the market gets better
Australia will release the level of employment change and unemployment rate on August 15, at 4:30 MT time.
Pay attention to the following events...