Tag - aud - australian dollar

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrow channel Tenkan-Kijun; the bulls can’t breakout the Senkou Span B’s resistance.

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen; the bulls testing the Senkou Span B’s resistance.

The US dollar is falling further…

On Wednesday, the key US currency traded near a two-week minimum against the pack of main assets after Chinese President Xi Jinping's pledge to cut import tariffs relieved concerns over the trade clash between the US and China…

Risk appetite returned to markets after the speech of China’s President Xi Jinping at the Boao Forum for Asia…

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market had entered into the cloudy area and may go up to Senkou Span B’s levels.

AUD/CAD broke support zone Next sell target - 0…

Recommendations: SELL 0…

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the prices are had entered into the negative area.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are had entered into the cloudy area.

This is a very important economic indicator.

AUD/USD is off from March 30th highs following a strong dynamic resistance found in the 200 SMA at H1 chart…