The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
Tag - aud - australian dollar
Get the technical and fundamental analysis for EUR/USD, USD/JPY, oil and more!
Levels for Wednesday's trading
Although the US President decided to delay some tariffs on Chinese goods, the market's mood didn't improve much. Find out what has happened and how to trade on it!
The sentiment in the market gets better
Australia will release the level of employment change and unemployment rate on August 15, at 4:30 MT time.
Pay attention to the following events...
Traders keep favoring the JPY. Later today, the market will focus on the US CPI. Learn more!
FBS analysts have gathered the key info about the main currency pairs. We hope that this analysis will make your trading easier.
If you want to know more details about the market movers for this week and consider the levels for the pairs, watch the fresh outlook by FBS!
The market is still under pressure because of tensions between the United States and China. EUR/USD is consolidating, GBP/USD is near the psychological level.
Last week EUR/AUD tested the highest levels since 2009 at 1.6780, but failed to hold there and closed at 1.65 forming a candlestick with a long upper shadow on W1.