Saturday, April 20, 2019
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AUD/USD 20Feb19 | EconAlerts

Technical Analysis – AUD/USD gains positive traction

AUD/USD gains positive traction; lacks clear bullish signals. AUD/USD is extending last week’s rebound above the 0.71 level but with technical indicators showing little strength at the moment, it is still questionable whether the pair has the dynamics to fully recover February’s losses in the short term. The MACD is rising steadily above

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Sydney Opera House | EconAlerts

Aussie retains bearish view; Employment report key to the Australian outlook

January’s employment report for Australia is likely to attract investor’s attention on Thursday at 0030 GMT as the Australian dollar has been losing some ground over the past week. Stronger figures in employment may provide some relief to the currency. The unemployment rate is predicted to have stayed at 5.0% in January, while the net

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