Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 29 - 02:55 AM

AUD/USD - Still Looks Good To Go, Especially On Weekly Chart

By Ewen Chew  —  Jul 29 - 12:50 AM
  • AUD/USD paused along with other FX ahead of US FOMC; last 0.7165

  • But bullish outlook likely to hold firm, weekly chart shows

  • Clear break of weekly Ichimoku Cloud added second bullish cue

  • Weekly Bollinger uptrend channel base now converges with Cloud

  • Target of 200-week moving average at 0.7261 now within reach

  • Likely dovish stance from Fed as US virus cases keep rising

  • For more click on FXBUZ


weeklyAUD: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!