Both the AUD/USD and EUR/USD are facing downside pressure. The week ahead may bring more momentum or reversal. Close monitoring should be done.
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AUD/USD Forecast
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Leverage on the market to plan your trades. Get insights on the sentiments of forex traders based on the Long : Short ratio of open positions.
The week was rather technical as both currency pairs reacted to support and resistance levels. USD sentiments may take a turn for the down side.
In this article, we take a look at the current US debt amount and what it means. We will also explore the possible impact of it on the US dollar.
Leverage on the market to plan your trades. Get insights on the sentiments of forex traders based on their Long : Short ratio of open positions.
The EUR/USD and AUD/USD remain in their respective region of consolidation. Fundamentals continue to show hints of dovish developments.