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 …
USDCHF
The pair is trading above 0.9850 while remaining under pressure as the investors’ risk appetite is decreasing due to the growing concern over the world economy’s not only slowing growth, but even a possible decline.
The price is below the lower Bollinger band, below SMA 5 and SMA 14. …
EURUSD
The pair is trading above the level of 1.1500. It received local support due to the partial profit taking amid the closing of short positions. The pair may resume its limited recovery or reverse downwards again.
The price is above the middle Bollinger band, above SMA 5 and SMA …
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