Browsing Tag

EURAUD

EURAUD Remains Subdued

EURAUD has been trading in a bearish descending channel for the majority of Q4 as prices continue to tumble to 2-year lows. The current hidden bearish divergence noted on the momentum indicator looks to continue the trend. Since the…

The Week Ahead: No Bidding

USDCHF Weakens Over Blue Presidency The US dollar may not have seen the end of the bearish tunnel yet. The prospect of Democrat Biden winning the US presidency had already prompted fresh selling of the dollar. Expectations of a…

The Week Ahead: The Limbo

EURAUD Under Pressure for Lack of Positive Catalyst While the euro has been hammered by bitter dissension lately between members in regards to the rescue package, there could be light at the end of the tunnel. As countries started to…

The Week Ahead: The Commitment

EURAUD Sinks as Rescue Drags On The euro is under pressure as Europe’s unity is again in question. While most major central banks opened their balance sheets to revive their economies, the clash between Germany’s constitutional court…