Check the key levels for USD/JPY and AUD/USD.
Tag - aud - australian dollar
The economic calendar is almost empty but we will use this as an opportunity to consider currency pairs from a longer-term perspective.
It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...
AUD/CAD met resistance at the line connecting December and March highs.
What will drive the market today?
Today's risk-on sentiment in the markets was provoked by the anticipation of the trade negotiations between the US and China. Find out how the negotiations may affect the NZD and the AUD
News will move the market today!
EUR/AUD rose to the 50-week MA around 1.5855 (weekly pivot) but then was rejected down.
AUD/CHF met resistance around 0.7115/20 (50- and 100-days MA).
The Reserve bank of Australia will make its statement and announce an official rate on April 2, at 06:30 MT time.
If you want to stay updated with the most important events and news, then this video is for you!
The beginning of the week has brought risk-on sentiment into the market after the continuation of trade talks between China and the US and positive figures of Chinese manufacturing PMI for March. Let’s see what else will impact on the market this week.