AUDUSD prices have opened the day long and ar pusshing towards the multi-month high 0.7640.
CURRENT EVENTS:
Sydney raises emergency levels amid the second wave of the virus. In the USA, Colorado’s finds the first case of the covid variant found by the UK.
LOOKING FOWARD:
US stimulus and the virus news will be the key ahead of the US session when the second-tier...
👀 LEARNING ABCD
ABCD pattern is as old as end of day data received your fax machine at the market close.
To spot this chart pattern, all you need is to be a little observant & use of the Fibonacci chart tool.
✍🏼 CHARTING THE LINES
AB and CD are known as the legs while
BC is the correction.
If you use the Fibonacci retracement tool on leg AB, the retracement BC...
CURRENT EVENTS:
The bitcoin and cryptocurrency community, fiercely protective of its privacy, has been rocked by a massive data breach that's seen the personal information of over 270,000 bitcoin and cryptocurrency users published online.
LOOKING FOWARD:
Price area on the chart has continued to form major price structures is 24500-24300 as investors get shakey on...
CURRENT EVENTS:
Gold prices spiked to $1900 in Asia session yesterday, jumping to 6-week highs after lawmakers in Washington agreed to $900 billion package of pandemic aid.
LOOKING FOWARD:
Covid Crisis has European nations close all travel and traffic with the UK – the world's 5th largest economy – where a new strain of Covid-19 forced the Government to impose...
Weekend events with a new strain of COVID in the UK has increase risk fears.
Cases of UK's highly contagious mutant COVID strain have been detected in returned travellers in Australia increaing fears that we are not winning the battle with COVID worldwide just yet.
AUDUSD room for a bullish run past 0.760 but not quite yet.
Eying short targets of 0.756 0.754 first.
New Zealand has fared better during the coronavirus pandemic than most other countries on the planet giving it an advantage to restart a growth based economy. New Zealand Dollar is well-positioned for more gains, similar to its sister the Australian Dollar
Traders are further net-short than yesterday and last week (acording to IG), and the combination of current...
