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Daily Market Analysis 26/11/2021: AUDUSD

Instrument: AUDUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.71539 with take profit at 0.71694. Bearish Preference: A Sell position is envisaged if price trades below price 0.71249 with take profit at 0.71096. Fundamentals:U.S ZONE: Treasury Currency Report (Tentative) Comment:The Australian Dollar had weakened going into the data as risk aversion took hold …

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Daily Market Analysis 11|06|2020: AUDUSD

Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 0.68969 with take profit at 0.68540. Alternative scenario: Buy position is envisaged if price trades above 0.69587 with take profit at 0.70110. Fundamentals:No major economic data with direct bearing on the currency pair. Comment: Despite the fact that the dollar lost strength between yesterday and today, …

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