HSBC

HSBC

The price action is not that clear, we have ascending channel that has been in place for the last few months, false break above the channel top shows weakness, after the sell off it is holding above 1.39, this is the daily support, now it looks pretty indecisive. One possible scenario: if the us dollars stays weak and if the eur/usd moves higher we can very well...

HSBC

AUD/USD: Hits fresh multi-week tops, bulls eyeing a move beyond 0.6500 mark. AUD/USD drifted for a second straight week. This week has four events, including consumer inflation. Here is an outlook at the highlights and an updated technical analysis for AUD/USD. The RBA minutes said that the current loose monetary policy would remain in place. The lockdown has...