The AUDUSD had an down-and-up trading week. What levels are in play now and going forward? |
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2023-12-12
The EURGBP broke higher today, surpassing a key resistance level. This suggests the possibility of further gains in the short term. However, the ECB and the BOE rate decisions on Thursday could impact the currency pair. Overall, the market expects the ECB to be more dovish, which could be bearish for EURGBP. Watch for short term clues around 0.85877.
2023-12-11
USD/CAD sellers gain momentum as price falls below crucial moving averages. Bias turns bearish, with next target at 1.35478. A move below this level could target the 200-day moving average at 1.3515.
2023-12-08
GBPUSD moved lower after stronger-than-expected US jobs report, but found support buyers near trend line. Traders watching key technical levels for further direction.
2023-12-06
In this video, I take a look at the technical indicators to watch for in the USDCAD pair during the Bank of Canada interest rate decision. Discover key levels that could impact price action and potential trends.
2023-12-05
The USDCAD moved higher before sellers took control, testing key resistance levels. Breaking below key support levels could signal a downward trend and a short-term high.
2023-12-05
Here’s a quick technical analysis USDJPY with some fundamental background.
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