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The cross posted a bullish daily candlestick on Friday and soared, with the price breaking above the short-term trend line. Another resistance is around 0.7550, where the medium-term trend line is seen. We think that [...]
The outlook for the Australian dollar remains bullish and positive sentiment should benefit the AUDJPY cross. The RBA is expected to leave rate unchanged at 1.5% in the next week, with the following statement probably [...]
Sterling managed to break above the critical bearish trend line, which has been limiting the upside potential in the previous weeks. While above, the outlook is positive. We believe that the pound will move higher [...]