Tag - aud - australian dollar

AUD/CAD is ready for action
AUD/CAD is ready for action

With Canadian economic releases later today at 15:30 MT time, the Canadian dollar is getting ready for the increase in volatility.

Trading plan for December 14
Trading plan for December 14

The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.

AUD/USD is actively sold
AUD/USD is actively sold

AUD/USD has already substantially declined last week forming a big engulfing candlestick on W1.

Is there any hope for the aussie to recover?
Is there any hope for the aussie to recover?

Last week turned out to be disappointing for the AUD bulls, despite the gap up opening on Monday after the negotiations between the Chinese and US presidents.  What are the reasons behind this slide?

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