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AUD analysis 21.05.2019

The Australian dollar fluctuated in a tight range slipping against the US dollar during the Asian session following the economic developments and data followed Tuesday by the Australian economy and following the speech by Federal Reserve Governor Jerome Powell in Florida and on the eve of developments and economic data …

Technical analysis 21.05.19

AUDUSD

The pair plummeted after the RBA head Philip Lowe announced possible interest rates reduction at the regulator’s meeting this June. This, as well as the lack of US-China trade deal, may pressure the pair to move downwards.

The price is below the middle Bollinger band, below SMA 5 and …

EUR analysis 20.05.2019

The single currency of the European Union region fluctuated in a narrowly bearish range during the Asian session, its lowest since May 3 against the US dollar on the eve of economic developments and data expected on Monday by the Eurozone economies amid a lack of economic data by the …

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