STOCK MARKET NEWS: AUD USD Bullish Outlook
STOCK MARKET NEWS
AUD USD Bullish Outlook
AUDUSD breaks resistance of .67 and is expected to hold the upside. The rising prices reflect building confidence as COVID-19 lockdown restrictions are slowly lifting in Australia and New Zealand.
USD CAD Eying 1.37 Handle
USDCAD showing weakness below 1.37. Continuing tension between USA and China is not reflected in the current price action as prices continue to fall.
USD CHF To Gain On PMI
USDCHF showing strength ahead of PMI data. The retrace is not expected to hold as the overall trend continues to show weakness due to dollar sellers.
West Texas Intermediate Gaining Strength But For How Long?
WTI prices continue to rise above the $33 handle as oil has its most bullish month ever. Oil futures prices closed lower signalling a breather in price advances might be coming soon.
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