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Technical analysis 16.10.18

AUDUSD

The pair is trading below the level of 0.7150 amid the general consolidation that’s beginning to take shape on all the world’s markets with no exceptions. Investors await the results of the US Congress election. This is likely to immobilize the market players. As for the pair, the Reserve …

Technical analysis 15.10.18

AUDUSD

The pair is trading above 0.7100. The Australian currency is still a hostage of the US-China trade war, which will remain a source of pressure for the pair. That’s why we don’t expect any significant growth and recommend selling the pair at its growth.

The price is above the …

Technical analysis 12.10.18

AUDUSD

The pair is trading below 0.7130. The Reserve Bank of Australia announced that the Australian economy would have growth problems due to the US-China trade war, which indicates that they are not likely to raise the interest rates. Thus, as the Fed will continue doing that, the spread between …

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