AUD/USD - U.S DOLLAR GETS STRONGER AGAINST AUD Recently AUD/USD pulled back from the zone 0.7479,Now the pair seems to be floating under the selling pressure as U.S dollor being stronger against AUD, a break under 0.733 could see the price lower as currenly the price is floating between the 23.2% & 38.2% Fib/R. The price is re-testing at 0.733 level, Looking...
EUR/USD * European Central Bank left its rates unchanged 0.00% * ECB maintained the emergency bond-buying program at €1,850 Technical Outlook EUR/USD is above the 38.2% retracement, the price is Re-testing the point 1.1815 after a successful touch at 38.2% Fibonacci retracement, however currently the price is below 23.60 Fibonacci retracement. We can expect...
* U.S. Dollar Index failed to run above the resistance 92.80 GBP/USD might have a green light if the Dollar Index continues to move down from the current level. * Initial Jobless claims report is to release. - Sep 09, 2021 Forecast (335K) Previous (340K) - As I expected with the previous analysis, the pair reached around 1.3733 and then pull - back right at...
* The U.S. Dollar Index managed to settle above 92.15. * GBP/USD floats under selling pressure. * UK BRC Retail Sales Monitor(YOY) showed at 1.5% * U.K Inflation Report hearing is to release. The pair has fallen below its 20 and 200 SMAs. The Pair will open the way to the Re-test of the next support at 1.3766, If GBP/USD declines below this level, it will head...
GBP/USD IN ITS RECOVERY. GBP/USD seems to be struggling to stay above 1.3889, however the pair successfully touched the zone 1.3889 and turned to be bearish-ed towards the zone 1.3791 with few points above at 38.20% Fb. Retracement. Currently, GBP/USD is tested below 1.3821 ,We can expect bullish continuation towards 1.3952 area if the price re-bounce from...
EUR/USD with light holidays The U.S. economic calendar is light for what will be a holiday-shortened week. Initial Jobless Claims is to hold on coming Thursday; these numbers could command more attention to USD than usual and will be more forced as the FED's disappointed with August employment report. On the hand other hand, Euro-area inflation data surprised...