AUD is a very interesting currency among the major ones. What are its most useful peculiarities?
Tag - aud - australian dollar
Risk appetite has recovered a bit…
AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern.
Earlier this week, comments of country’s central bank had pushed AUD/USD up from the 2019 lows. Then it met resistance.
China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.
Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.
Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.
BOE Meeting is the headliner of the day. American GDP Growth Rate may affect the direction of EUR/USD.
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
German Ifo Business Climate level is the only important event in the economic calendar…
The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.