Australian Dollar Prices May Add Gains to USD, EUR But JPY Holds
Last week, the Australian Dollar hinted it was about to appreciate. Not only was that the case, but AUD/USD and EUR/AUD may extend their reversals. AUD/JPY may find that difficult.
Last week, the Australian Dollar hinted it was about to appreciate. Not only was that the case, but AUD/USD and EUR/AUD may extend their reversals. AUD/JPY may find that difficult.
A chink of light for Sterling bulls as a series of lower highs is seemingly broken.
The Dollar finally broke from its restrictive two-month range this past week, but the fledgling bearish breakdown has proven tepid when it comes to momentum. Will the markets find more charge in subsequent technical cues?
The Dollar finally broke from its restrictive two-month range this past week, but the fledgling bearish breakdown has proven tepid when it comes to momentum. Will the markets find more charge in subsequent technical cues?
DJIA may show gains beginning to Top Out. Meanwhile, the series of lower highs in the DAX may continue to suggest a bearish outlook.
Crude oil’s outlook is dependent on factors of a weak US Dollar and an aggressive risk rally can continue to give oil the environment needed to support further strength.