AUDUSD
The pair is trading above 0.7400 under the pressure of the escalating trade war between the US and China. Due to this the commodity assets are also under pressure which negatively affects the rates of commodity currencies.
The price is below the middle Bollinger band, below SMA 5, but …
EURUSD
The pair is trading below 1.1745 as the German ZEW economic sentiment index data is expected to be released. It is expected to indicate decline. It may put the pair under pressure against the background of the UK government crisis over Brexit.
The price is above the upper Bollinger …
EURUSD
The pair is trading above 1.1745 and it’s supported by expectations of the EU and the US reaching the tariff agreement. At the same time, the trade war factor is sill there and today’s speech of Mario Draghi, the president of the ECB, may again remind investors of the …
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