
Technical levels of AUD/CAD

Technical levels of AUD/CAD

Technical analysis of EUR/AUD
    
    There are a lot of important releases which will affect the Forex market this week.
    
    Traders are cheered up by the economic figures from China, and the AUD and the NZD are hot now…
    
    Traders are trying to make their mind about the USD…
    
    The USD has weakened after the Fed's comments…

The pair formed a “double top” pattern at the resistance line that has been in place since the start of 2018.
    
    The USD remains strong ahead of the Fed Chairman's speech…

The pair failed to close above the declining 100-day MA on Thursday forming a candle which is very similar to a “shooting star”.

Technical analysis of AUD/CHF
    
    An overview of the market ahead of the release of the US Nonfarm Payrolls (NFP)…
    
    Independence day in America, economic calendar, and outlook for major pairs…
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!