April 20: strong dollar, WTI at 21-year low!
USD rules the market this Monday, with AUD and NZD getting their gains as well, gold plunging, and WTI dropping to 21-year lows at $14.80!
Tag - aud - australian dollar
April 17: pacified moods in Forex market
Currencies don't show any big activity on the US President's announcements, WTI gets lower than $19, gold at $1,700.
April 14: weak USD, confident GBP, sad WTI, happy Gold
This Tuesday gives an interesting Forex market layout with a weak USD, strong GBP, disappointed oil, and skyrocketing gold price.
April 10: oil is very disappointed!
OPEC+ is almost done with the big output cut, but the oil price doesn't like it enough.
April 9: oil day
Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.
April 8: USD moderately up
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
AUD: lifting weights
AUD looks stronger, RBA keeps the rate steady. How positive is the picture?
April 7: USD sliding down despite hopes for crisis exit
The virus situation keeps improving slowly but steadily; nevertheless, investors are still concerned with the larger scope of economic consequences: USD slides down, JPY weak, gold rises.
April 6: weaker JPY and GBP
The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.
Levels to trade AUD/USD
After hitting a multiyear low just above 0.5500 on March 19, AUD/USD has formed a higher low in the 0.5720 area.
Trading plan for March 23
US Democrats and Republicans failed to agree about the $1-trillion stimulus package. Will this hurt the USD?
Trading plan for March 20
Main currency pairs and assets got into consolation or correction this Friday.
