<div class="MN_div"> <div class="MN_content"> <img class="wp-image-2039 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-19-at-5.02.09-PM.png" alt="" width="756" height="507" />Initially the currency rate was expected to break through the weekly S1 and try to reach the 100% Fibonacci retracement level. However, a release of worse than expected...
The previously-drawn channel failed to bound the rate, thus demanding a slight adjustment. As a result, the new channel demonstrates that this pattern was breached late on Tuesday after a massive intra-day fall earlier the day. After bouncing off...
NZD/USD remained in the 0.7160/0.7195 area for three sessions prior to plunging down to the 200-hour SMA during the first half of Wednesday’s trading session. All this movement demonstrates the existence of a short-term descending channel. A test of...
<img class=" wp-image-2060 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-24-at-5.22.39-PM.png" alt="" width="819" height="544" />There are three facts that need to be described to update the situation. First of all the pair has hit the previously speculated lower trend line of a medium term ascending...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-2011 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-16-at-10.13.28-PM.png" alt="" width="628" height="443" /> The trading session on Friday started rather calmly, as the Australian Dollar remained near the upper boundary of a short-term ascending channel. Nevertheless, the rate skyrocketed...
<img class=" wp-image-2007 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-16-at-10.11.06-PM.png" alt="" width="661" height="463" />Although the US data release, in general, appeared to be worse than expected, the upside momentum was not strong enough to push the pair above the monthly PP at 1.3322. The...
Following a short-term consolidation period in force since October 6, the Kiwi finally managed to break out of its narrow trading range and test the 200-hour SMA. Thus, the given surge left the rate between this long-term moving average,...
<div class="MN_div"> <div class="MN_content"> <img class=" wp-image-1981 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-11-at-6.17.04-PM.png" alt="" width="655" height="459" />Another test of another North Korean ballistic missile expectedly led to sharp depreciation of the Dollar against the Yen. During the downfall the pair crossed the weekly...
<img class=" wp-image-2007 aligncenter" src="https://mlwk09qqpzc1.i.optimole.com/w:auto/h:auto/q:mauto/ig:avif/https://rangeforex.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-16-at-10.11.06-PM.png" alt="" width="661" height="463" />Although the US data release, in general, appeared to be worse than expected, the upside momentum was not strong enough to push the pair above the monthly PP at 1.3322. The...
Currently, AUD/USD is trading at 0.7753, down -0.01% on the day, having posted a daily high at 0.7757 and low at 0.7752. AUD/USD rallied in London to 0.7769 but sellers emerged in thin trade with price stalling at 0.7750...
