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AUD Daily Review June 16, 2019

AUD Daily Review for June 16, 2019

USD/JPY and AUD/USD Forecast June 14, 2019

The US dollar fell during most of the trading session on Thursday against the Japanese yen, filling the gap from the beginning of the week. Interestingly eno…


AUDUSD Chart Analysis: Aussie Dollar Resumes Downtrend, Eyes 0.67

The Australian Dollar looks to have resumed the downtrend against its US counterpart, with chart positioning warning of a decline to test the 0.67 figure ahead.


NZDUSD, AUDUSD Tumble to Support. RBNZ, RBA Rate Cut Bets Deepen

The NZDUSD and AUDUSD are tumbling to support as increasingly dovish RBNZ and RBA monetary policy bets are undermining their appeal, boosting the Japanese Yen as carry trades unwind.


AUDCAD Eyes October Low, Crude Oil Prices Rise on US-Iran Tension

AUDCAD closed at its lowest since October on Middle East geopolitical concerns as the Canadian Dollar rose with crude oil prices. The Australian Dollar is eyeing Chinese data ahead.


AUD/USD slips to three-week lows on aggressive RBA rate cut calls

The Australian Dollar is feeling the pull of gravity with major banks forecasting aggressive interest rate cuts by the Reserve bank of Australia.


AUD/JPY: Bears concentrate on geopolitics ahead of China data

Not only risk concerning the US-Iran war but likely trade tussle between the US and China also drags the AUD/JPY pair down to the fresh low since early January.


AUD/USD technical analysis: Oversold conditions helped limit further losses, but only for the time being

Friday’s mixed Chinese macro data painted a fairly gloomy picture of the world’s second-largest economy and raised concerns over the health of the glo


AUDUSD Chart Shows Bears in Control – Technical Outlook

Spot AUDUSD risks printing fresh multi-year lows after a hard rejection of the 0.7000 price level last week.


Pound Weekly Technical Outlook in GBP/USD, GBP/JPY, GBP/AUD

GBPUSD pushed back down towards May lows as GBPJPY built-in a bearish engulfing pattern. But brighter days may be ahead in GBPAUD after a morning star formation.


FX Price Action Setups in EUR/USD, USD/CAD, AUD/USD and USD/JPY

The US Dollar rallied this week after finding support at a confluent spot on the chart, but next week brings the Fed – will USD bulls be able to hold on?


AUD/USD drops to multi-month lows near 0.6860 as greenback continues to outperform

The AUD/USD pair extended its weekly slide on Friday and slumped to its lowest level since the flash crash witnessed on January second at 0.6862. With


USD/JPY and AUD/USD Forecast June 17, 2019

The US dollar initially pulled back during the trading session on Friday as we have seen over the last three days, but also as we have seen over the past thr…


Have a nice trading!

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