Market has been consolidated for at least 2 weeks. The downtrend is strong in AUDUSD. However, is in a small rest after strong movement in the past weeks.
Daily shows movements between 0.64868 & 0.63798, last candle formed a huge rejection on the support area. 4H shows a more detail fluctuation within specific ranges.
It made a strong bear movement in 30m,...
According to Bank of America analysts, the August-to-October period is historically bearish, with the S&P 500 posting an average loss of -0.03%, the team said. Only by taking a quick look to the charts is easy to notice that the market is reaching its highest level in the history. Normally, the market need a rest and I think is about to start. Start taking...
