AUDUSD has been inching lower in the short-term, generating a structure of lower highs and lower lows. Although the pair made efforts to recoup some losses, it quickly retraced towards its multi-month lows as the 50-day simple moving average (SMA) capped upside moves. The momentum indicators currently suggest that near-term risks are tilted to the […]
The post AUDUSD Turns Green Near Multi-Month Lows, Bias Remains Bearish appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why is this a great deal? In the smartphone era, being Read more…
GBP/USD is holding near 1.3315 on Tuesday. The pound posted a modest gain the previous day but remains close to three-month lows amid ongoing uncertainty over the impact of the Middle East conflict on the Read more…
Markets More than two weeks after the start of the military action of the US and Israel against Iran, markets yesterday apparently reached a Short term evaluation point. After adapting towards stagflationary risk due to Read more…