The best and the worst currency pairs: January 27-31
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
Tag - aud - australian dollar
Trading plan for January 30
BOE Meeting is the headliner of the day. American GDP Growth Rate may affect the direction of EUR/USD.
AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
Trading plan for January 27
German Ifo Business Climate level is the only important event in the economic calendar…
Important events this week will bring us
A new week brings new trading opportunities
Trading plan for January 23
The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.
AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
Trading plan for January 21
Check levels for EUR/USD, AUD/USD, NZD/USD, and USD/CAD.
Weekly Market Outlook: January 20-24
The current trading week is going to be quite eventful!
Important events this week will bring us
This week will bring us central bank statements and important economic indicators related to the main currency pairs. Read on to see which ones will be affected.
Trading plan for January 17
British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.
Major banks: bushfires are the main risk for the AUD
Read the opinion by Morgan Stanley and ANZ on the performance of AUD in Q1
