Open AUD/USD positions according to Australia’s jobs report Averaging is an extremely dangerous technique. Only a newbie knows about it. However, the desire to breakeven a losing trade sometimes lets down even a professional trader. The attempt of hedge funds to increase shorts on the Australian dollar as the price is growing could turn into [&hell
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Analysis for oil, gold, and EUR/USD for 16.06.2020
USCrude – oil Oil price is being corrected down in the middle-term uptrend. The correction target is likely to be the test of the trend key support [31.01 – 30.11]. Once the zone is tested, I recommend entering buy trades according to the pattern with the target at the high of last week + Target […]
Fed puts the dollar in place
The EUR/USD may continue its rally up to 1.138 and break through the June’s highs Donald Trump wants to control everything but the financial markets are ruled by the Fed. The president criticized the central bank for a too grim forecast, but this was necessary. Jerome Powell and his colleagues do not rule out a […]
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