The resistance level of 0.5795 continues to hold back buyers. The currency pair is trading in the range of 365 and 135 moving averages, where the fast (135 EMA) moving average is below the slow (365 EMA) moving average, indicating a downtrend. A bearish divergence has formed on Awesome …
The single currency, the euro, fell during the Asian session to witness its bounce back for the third session from the top since March 17, to prepare for its third monthly losses in a row and quarterly losses against the US dollar on the cusp of developments and economic data …
The Australian dollar versus the US dollar tested the 0.6097 level with the opening of the day and bounced up from there, on its way to visit the 0.6236 level which represents our first positive goal, with a reminder that breaching this level will push the price to 0.6407 as …
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