Sunday, 15 December 2019

AUD/USD Fails to Close Above 200-Day SMA Despite US-China Trade Deal

The failed attempt to close above the 200-Day SMA (0.6909) undermines the recent advance in AUD/USD amid the historical tendency around the moving average.

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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...