The pair price is correcting down amid the US Fed’s decision on Monday to expand its support of the national economy. It is one more important reason for the weaker US dollar. Also, the pair may go down if oil prices don’t turn down.
Technical side:
The price is under …
The correction on global markets supported by anticipation of the second COVID-19 wave, as well as slower growth forecast for the US economy, exerts pressure on higher-yield currencies including Australian dollar. Such sentiments will result in the pair’s decline.
Technical side:
The price is under the middle Bollinger band, SМА …
There has been a price correction on stock market. The descending H1 level patter has formed. The moving averages of Stochastic Oscillator are in the oversold zone. Buy only when the descending wave pattern is over and the ascending wave is formed.
#NESN rate online: monitor the movement of …
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