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 …
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. …
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