AUD/USD Price Analysis: Retreats from golden Fibonacci ratio on China data, 0.6640-35 eyed AUDUSD Technical Analysis ChartPatterns SwingTrading Fibonacci
upside momentum at the highest levels in three weeks. That said, the Aussie pair retreats towards the intraday low surrounding 0.6670 heading into Wednesday’s European session.
On the other hand, Aussie Q1 GDP rose 0.2% QoQ compared to 0.5% previous readings and 0.3% market forecasts. On the same line, the yearly GDP came in as 2.3% versus the analysts’ estimation of 2.4% YoY and 2.7% previous readings.pattern on the four-hour play while recently reversing from the 61.8% Fibonacci retracement of its May 10-31 downturn, also known as the golden Fibonacci ratio.
However, a clear downside break of the stated wedge’s bottom line, close to 0.6650 at the latest, becomes necessary for the AUD/USD bears to retake control.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
AUD/USD Price Analysis: Bulls eye 0.6660 resistance confluence and RBA Interest Rate DecisionAUD/USD Price Analysis: Bulls eye 0.6660 resistance confluence and RBA Interest Rate Decision AUDUSD RBA Technical Analysis ChartPatterns SwingTrading
Lire la suite »
AUD/USD Price Analysis: Bulls eye 0.6700 but bears are lurking ahead of the FedAUD/USD has rallied to the highest since mid-May following the Reserve Bank of Australia (RBA) meeting that raised interest rates. The cash rate is no
Lire la suite »
AUD/USD Price Analysis: Bull flag, upbeat China data and pre-RBA positioning highlight 0.6750 for buyersAUD/USD Price Analysis: Bull flag, upbeat China data and pre-RBA positioning highlight 0.6750 for buyers AUDUSD China PMI Technical Analysis ChartPatterns
Lire la suite »
AUD/USD bulls eye 0.6670s, RBA around the cornerAUD/USD is higher by some 0.18% on the day and met support on Monday that attracted buyers to test the prior day´s high of 0.6638. This has occurred a
Lire la suite »
AUD/USD bulls approach 0.6700 as RBA’s Lowe sounds hawkish, Australia GDP eyedAUD/USD justifies hawkish comments from Reserve Bank of Australia (RBA) Governor Philip Lowe, as well as the RBA’s surprise rate lift, as it grinds hi
Lire la suite »
AUD/USD refreshes day low below 0.6600 despite mixed views for Fed policy, RBA policy eyedAUD/USD refreshes day low below 0.6600 despite mixed views for Fed policy, RBA policy eyed – by Sagar_Dua24 AUDUSD RBA Fed DollarIndex Inflation
Lire la suite »