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AUDUSD technical analysis


The pair dropped to the lower limit of the short-term downtrend due to the overall drop in stock indexes. The pair is actually balancing at the bifurcation point. If negative sentiment persists in the market today, the pair will continue its decline. At the same time, an improvement sentiment …

27.01. Fresh trading analysis: markets are mixed, Fed's meeting in focus

Wednesday, January 27th, today’s news—global stocks are mixed as the pandemic-related uncertainty weighs on the markets, earnings reports are in focus. Shares of Microsoft and other American tech giants shares are up following a strong report, dollar is stronger, investors await the results of the Fed's meeting. The price of …

AUDUSD analysis

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session against the US dollar after the developments and economic data that we followed on the Australian economy and on the cusp of economic developments and data expected today, Wednesday, by the US economy, the …

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