Tag - aud - australian dollar

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.

The Australian currency keeps following the negative trend as a result of the market’s contagion by trade wars…

Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

Do you want to get clues on the upcoming economic events?

Economic data have a great impact on the markets.

On the daily chart, AUD/USD reached an important support at 78.6% of the long-term wave and 200% target of AB=CD.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrow channel of Tenkan-Kijun.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.

On September 4, the Reserve Bank of Australia will release the interest rate.

Let’s have a look at the economic calendar for the upcoming days.

The inability of bulls to stay in the previous consolidation range of 0.7320-0.7470 pointed at their weakness.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.