Tuesday, 6 August 2019

Post-RBA AUDUSD Rebound Mired by Oversold RSI Signal

AUDUSD carves a narrow range following the RBA meeting, but recent developments in the RSI suggest the bearish momentum could still gather pace as it holds below 30.


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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...