Online Joined United States www. Target Achieved at The production will also extend to Nigeria and Libya this time as previously exempt The rejection at the stiff resistance of 1. Historically, you could make out the prices have tumbled as it failed to sustain above this resistance level. On intraday terms, two bearish engulfing pattern candles have popped up at 1. Bears now repeat the history near Major support — 1. The pair dipped till 1. The Canadian economy has added jobs in the month Of Nov compared to forecast of and unemployment rate fell to 5.
Wage growth also gone up 2. Chart pattern formed- rising channel and Dragonfly doji appears exactly at channel baseline. Most noticeably, as and when this pattern occurs, bulls bounce back after testing channel support, current prices have gone above DMAs with bullish The pair spikes past DMA at 0. Aussie remains bid on surprise positive data and hawkish tone in RBA statement.
Earlier today data released showed the October retail sales registered at 0. The Reserve Bank of Australia kept the cash rate interest rate unchanged as expected but sounded a little bit hawkish on inflation. It is good to buy above The pair made an intraday high of 1.
It is currently trading around 1. US Senate passed tax reform on Saturday morning by vote that differs from that passed by house. Major support is seen at 1. Chart and candlestick pattern formed- Non-directional monthly plotting and gap up opening candle pattern 4H chart.
The major trend has been stuck in long-lasting range that has prolonged from last months. Major support is seen Wage growth also gone up Price action hovers around DMA at Technical studies are biased higher, RSI points north and is gaining traction above 50 levels. Stochs are sharply higher and MACD is on verge of a bullish crossover on signal line. The pair declined till 0. US dollar index shown a recovery from the low of Technical studies on daily charts are biased higher, RSI and Stochs point north.
MACD is on verge of a bullish crossover on signal line. The pair has held Weekly SMA 1. Currently the pair has retraced above Upside finds stiff resistance About me FxWirePro is a trusted professional grade real-time financial analysis company providing investors and traders with a comprehensive overview and insight of the global currency markets.
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