AUD/USD started a decent increase above the 0.6520 level. NZD/USD is also rising and might aim for more gains above 0.6000. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar rebounded after forming a base above the 0.6450 level against the US Dollar. There is a connecting bullish trend line forming with support […]
The post AUD/USD & NZD/USD Climb as Dollar Weakens appeared first on Action Forex.
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…
USD/JPY’s steep decline last week indicates medium term topping at 160.71, on bearish divergence condition in D MACD. But as a temporary low should be formed at 155.48, initial bias is turned neutral this week Read more…
GBP/USD’s rise from 1.3158 resumed last week but a temporary top should be formed after hitting 1.3657. Initial bias is turned neutral this week for consolidations first. Further rally is expected as long as 1.3453 Read more…