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AUDUSD rally continues after bounce off 200-day SMA Technical oscillators are mixed AUDUSD has printed a fresh nine-month high of 0.6838 earlier today, creating the fourth consecutive green candle. The pair found significant support at the 200-day simple moving average (SMA) at 0.6620, continuing the medium-term bullish structure. The technical oscillators are showing some contradicting […]

The post AUDUSD Posts New 9-Month High appeared first on Action Forex.

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29/03/2024

Sunset Market Commentary

Markets “There’s still no rush”, Fed governor Waller’s sequel to February’s “What’s the rush”, resonated through Asian and early European dealings. The Fed’s minority leader wants to see at least a couple of months of additional evidence that inflation is sustainably descending to the 2% inflation target. The very low (CPI) comparison bases in March […]
11/12/2023

Gold Technical: Extension of Corrective Decline Ahead of FOMC

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