Tag - aud - australian dollar

The pair will be vulnerable for a decline to support at 1.0440.

If this week the Aussie closes in the negative area, it will continue towards the lower levels in line with the long-term downtrend.

Let’s take a look at the economic calendar and the most important events that will shake markets next week.

The news on the Brexit progress and the updates on the trade negotiations between the US and China will affect the market today. Watch out to trade GBP/USD and AUD/USD.

As a result, risky assets still have chances to appreciate.

Find out how to trade the antipodean currencies on the market sentiment today!

What will be the prevailing mood in 2019 and which assets will gain the most on the basis of it?

On the daily chart of AUD/USD, the 88.6% target of the "Shark" pattern was reached.

With Canadian economic releases later today at 15:30 MT time, the Canadian dollar is getting ready for the increase in volatility.

Trade ideas on December 17-21

On the daily chart of AUD/USD, the implementation of the purple "Shark" pattern with the 88.6% target continues.

The market sentiment is down, Theresa May can't renegotiate the Brexit deal, Italy and the EU can't agree on a lower deficit.