The Australian dollar fluctuated in a narrow uptrend range during the Asian session to witness the rebound to the tenth session in seventeen sessions from the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on the …
The currency pair is trading in the range of 135 and 365 moving averages directed downwards. Bearish divergence has formed on Awesome Oscillator indicator, and the indicator Stochastic Oscillator showed an exit from the oversold zone. The breakout of the start fractal (0.9895) will result the formation of a descending …
The pair is consolidating above the level of 1.1120 in anticipation of the ECB monetary policy meeting. If the bank or Mario Draghi reports any details on the stimulus measures, it may put limited pressure on the euro.
The price is below the middle Bollinger band, above SMA 5 and …
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