As coronavirus fears increase, the markets are cautious. Plus, don't forget about the potential surprise from the RBA and the NFP on Friday
Tag - aud - australian dollar
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
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…
A new week brings new trading opportunities
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.
Check levels for EUR/USD, AUD/USD, NZD/USD, and USD/CAD.
The current trading week is going to be quite eventful!
This week will bring us central bank statements and important economic indicators related to the main currency pairs. Read on to see which ones will be affected.
British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.