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AUD Daily Review November 7, 2019

AUD Daily Review for November 7, 2019

AUD/JPY technical analysis: Rising wedge, 50-bar SMA stop sellers above 74.80/75

Despite witnessing a pullback from the highest since July 26, AUD/JPY still stays above the key support confluence while taking rounds to 75.00.


Federal prosecutors charged two former Twitter employees with spying on behalf of Saudi Arabia

The defendants allegedly spied on more than 6,000 Twitter accounts beginning in 2015 at Saudi Arabia’s behest.


AUD/USD Technical Analysis: 100-day EMA limits downside risk

Following its break of a three-week-old ascending support line, AUD/USD slips to 0.6868 during early Thursday.


AUD/USD keeps losses despite big beat on Australian trade surplus

AUD/USD is struggling to pick up a strong bid despite a better-than-expected Australian trade data. The country’s trade surplus widened to A$7,180 mil


AUD/USD technical analysis: Aussie trades at two-day highs, ignoring DXY strength

The Aussie is trading in a downtrend below its 200-day simple moving average (DMA) on the daily chart. This Thursday the Aussie is holding above the 0.6900 han


AUD/USD fails to hold above 0.6900 as DXY extends rally

After advancing to a daily high of 0.6913 during the European trading hours, the AUD/USD pair turned south in the second half of the day and erased a


AUD/USD technical analysis: Aussie erasing parts of daily gains, trading below the 0.6900 handle

The Aussie is trading in a bear trend below the 200-day simple moving average (DMA) on the daily chart. This Thursday the Aussie is trading back below the 0.69


Uber founder Travis Kalanick has reportedly raised $400 million for his next act from Saudi Arabia. He’ll be competing directly with his old company.

The ousted executive plans to ride the wave of “virtual restaurants,” which are set up for delivery only. He’s not alone in that venture.


Using Trader Sentiment to Spot a Potential AUDUSD Breakout

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USD/JPY and AUD/USD Forecast November 8, 2019

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