Tag - aud - australian dollar

May 25: tensions
May 25: tensions

The US-China relations become more tensed pushing the USD gain value against the rest of the currencies; JPY loses, gold and oil indecisive.

Trade setups for AUD/JPY
Trade setups for AUD/JPY

It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.

May 20: mixed moods
May 20: mixed moods

The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.

GBP/AUD: the downtrend is in place
GBP/AUD: the downtrend is in place

GBP/AUD opened the week with a gap down. Things like that have already happened before and, back then, the price continued its way down.

What do you need to know on May 12?
What do you need to know on May 12?

Main movements on the market: risk-off mood strengthened USD, AUD dropped on China’s imports’ ban and Saudi Arabia cut oil production.

May 12: cautious market
May 12: cautious market

Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.

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