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Recent Profits In Australian Dollar

According to Thursday’s verdict, the Australian dollar has taken a massive u-turn against its major peers irrespective of the poor performance during the verdict. Australian dollar faced huge losses in 2016 and 2017 as federal government mid-year economic and fiscal outlook couldn’t quite dispel fears of a rating downgrade despite all three major rating agencies … Continue reading "Recent Profits In Australian Dollar"

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2018 Forecast for EUR/AUD, GBP/AUD, and AUD/JPY

Forecasting Factors for EUR/AUD, GBP/AUD, and AUD/JPY Pairs – EUR/AUD approaches the focal point of an Elliott Wave Triangle – GBP/AUD switches at channel security set up a weak return in 2018 – AUD/JPY may approach the completion of an enormous triangle plan in 2018 EUR/AUD Approaching the Middle of Triangle Consolidation While assessing the more … Continue reading "2018 Forecast for EUR/AUD, GBP/AUD, and AUD/JPY"

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EUR/JPY is Trading Within a Price Range 131 to 134

Notes: – EUR/JPY keeps on exchanging the range that is characterized the combine’s value activity since mid-September. – The EUR/JPY go has held through an assortment of major drivers, including the ECB’s October rate choice. In our previous articles, we took a gander at the range that is worked in EUR/JPY since mid-September. Costs have … Continue reading "EUR/JPY is Trading Within a Price Range 131 to 134"

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USD MAY RISE DUE TO CUT IN TAX

Looking forward, a calm financial information docket in European and US hours appears to probably keep the focus on Washington DC, where the vote on charge change may stake put when Monday. The US Dollar may discover a touch of help if the measure passes, despite the fact that its post-FOMC dive recommends the arrangement’s … Continue reading "USD MAY RISE DUE TO CUT IN TAX"

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EUR/USD Trend Analysis Part 1

EUR/USD is one of the major pairs, which is trade by millions of traders. Often we are confused about sudden changes in its trends. Here in this post series, we are trying to cover a couple of factors, which are responsible for up and down in this currency pair (based on technical analysis of EUR-USD). … Continue reading "EUR/USD Trend Analysis Part 1"

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