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Will the Aussie get the better of bears?

Forex

Speculators believe that the worst is yet to come for the AUD/USD If the majority were always right, the Earth would still be going around the Moon. Hedge funds believe that the AUD/USD rebound up from its seventeen-year lows is just a correction. While the global economy is stepping into the worst quarter since the […]

Analysis for oil, gold, and EUR/USD for 13.04.2020

Forex

USCrude – oil  Oil middle-term uptrend continues. The buy target in the trend is Target Zone 2 [30.75 – 30.19]. The trend key support is in the zone of [23.29 – 22.73]. The price is now testing this support. It is time to look for buy entries. The short-term is down. The price reached Target […]

Dollar has a long, hard road to go

Forex

Is a V-shaped recovery of the US economy impossible? Who will pay for the party? According to Goldman Sachs, it will require to issue $3 billion of Treasuries to fund the coronavirus aid package approved by Congress to support households, companies and local governments. The major buyer of the newly issued debt will be the […]

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