Tag - aud - australian dollar

Technical and fundamental market analysis…

The Turkish lira extends fall, as there is no progress in Turkish-US tensions.

Bears managed to pull AUD/USD below the lower consolidation range of 0.732-0.7470 (a ledge) within the “Spike and ledge” pattern.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.

There is no important economic data for the USD, as a result, the index has been moving further down.

AUD/NZD broke major resistance level 1…

AUD/CAD reversed from combined support area Next buy target - 0…

The US dollar doesn’t have support from data today (no releases)…

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.

The US dollar index has been climbing to the psychological level at $95.50.

Let’s start with a look at the economic calendar for the upcoming days.

The main events of the week, fundamental and technical analysis for the key currency pairs and gold…