The Aussie Dollar started a fresh decline from the 0.6350 resistance zone against the US Dollar. The AUD/USD pair declined below the 0.6280 level to move into a bearish zone. There was a clear move below the 0.6250 zone and the 50 hourly simple moving average. The pair traded as low as 0.6194 and is […]
The post AUD/USD Pair Moved into a Bearish Zone Below 0.6280 appeared first on Action Forex.
Daily Pivots: (S1) 212.28; (P) 212.75; (R1) 213.09; More… Intraday bias in GBP/JPY remains mildly on the downside at this point. Rebound from 207.20 should have completed with three waves up to 213.28. Deeper fall Read more…
The week started on a now-usual pattern, with oil prices pushing higher at the open and retracing part of their gains as investors digested the latest news from the Middle East. The major developments include Read more…
In focus today Today, focus continues to be on tensions in the Middle East and its impact on energy markets. Trump stated on Friday that the US will be hitting Iran “very hard over the Read more…