AUD Daily Review for January 7, 2019
|AUD/USD benefitted on Friday on the back of sentiment that Sino/US trade relations are back on track, accompanied by improved services PMIs in China w|
|The AUD/USD pair jumped to 0.7133 in Asia – the highest level since Dec. 20. The Aussie dollar is likely benefitting from the risk-on action in the s|
|The AUD/JPY pair is looking north amid risk-on in the global markets, having found acceptance above the 200-hour moving average (HMA) on Friday. As o|
|Early trial proceedings begin for ex Barclays CEO John Varley. It’s part of the UK’s first criminal case pursuing senior bankers for crisis-era events.|
|An update on near-term trade setups we’ve been tracking in USD/CAD and AUD/USD. These are the targets and invalidation levels that matter this week.|
|AUD/USD has continued its recovery from last week’s the flash crash, initially picking up a bid due to profit taking and bargain hunting, looking for|
Have a nice trading!