The Australian dollar fluctuated in a narrow range slanting back down during the Asian session to witness its bounce for the second session from the top since December 13, when it tested its highest since July 26 against the US dollar amid the scarcity of economic data by the Australian …
The general trend is downward, as evidenced by 135 and 365 moving averages. A start fractal has formed below 135 moving average along with a signal fractal in the range of two moving averages. Awesome Oscillator shows a bearish divergence, and Stochastic Oscillator is moving from the overbought zone.
Trading …
The pair is under pressure due to the high risk of a no-deal Brexit in January. This risk will continue to put pressure on the British currency.
The price is below the middle Bollinger, at SMA 5, but below SMA 14. RSI is on the oversold zone line. Stoch have …
Don't have your language?
