Category: Daily FX Analysis


6
Apr

***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in Friday’s chart analysis, the AUDUSD reversed around the shorter-term moving average and bearish channel resistance area. As also suggested, price then found support around the bearish channel support area. …

29
Mar
Posted ByJane G Category Daily FX Analysis

Stay safe and healthy traders! Time Currency Releases Previous Forecast 30th March 2020 0900UTC EURO Business Confidence MAR -0.04 -0.05 2330UTC JPY Unemployment Rate FEB 2.4% 2.4% 31st March 2020 0500UTC GBP GDP Growth Rate QoQ Final Q4 0.5% 0.0% 0900UTC EURO Core Inflation Rate YoY Flash MAR 1.2% 1.2% …

27
Mar
Posted BySamuel Morton Category Daily FX Analysis

  ***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY). Stock markets down***   AUDUSD – Daily & Weekly Charts   As suggested in our last Forex update, AUDUSD has continued to be bearish and move lower. Price is clearly down-trending on both the daily and …