EURUSD
The pair has dropped following the decision of ECB to slowly reduce the eurozone economy stimulation. The "pigeon" tone of Mario Draghi's speech also caused pressure on the single currency. We expect the pair to continue falling.
The price is below the middle Bollinger band, below SMA 5 and …
AUDUSD
The pair is still under pressure following the drop of expectations regarding the Australian central bank raising the rates this year, as the consumer price index figures are weak and the USD's positions are getting stronger. We think that the pair is highly likely to continue falling.
The price …
AUDUSD
The released consumer inflation data in Australia turned out to be worse than predicted. Even if the monthly indicators has grown less than 0.6% against the predicted 0.8% and the previous value of 0.2%, on annual scale the growth slowed down from 1.9% to 1.8%. This news are likely …
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