Saturday, 20 July 2019

Australian Dollar: Is This a True Bullish Reversal?

AUDUSD triggered one of the most recognizable reversal patterns in the technical scales this past week: an inverse head-and-shoulders pattern. But is this a spark that can truly catch fire in otherwise difficult markets?


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...