April 9: oil day
Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.
Tag - aud - australian dollar
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.
Can you win with the AUD?
RBA Rate Statement is released on Tuesday at 07:30 MT time.
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.
Is Chinese economy rebounding?
The country has come through the worst and is recovering now.
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.
The glorious 7: 2020 performance records
What are the most spectacular performances in 2020 in Forex and stock markets Read the article and find out.
Trading plan for March 19
The RBA cut the rate, pulling the Australian dollar even lower. GBP/USD is also facing fresh lows.
