March Fed

AUDUSD finally dips towards 0.75 ahead of RBA, NFP
Currencies

The Australian dollar is going to be in focus next week. Retail sales will be released on Monday while the Reserve Bank of Australia will be making a decision on interest rates a day later on Tuesday.

AUDUSD Channel Breakout and Pullback March 01, 2017
Commodities

AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high and low shows that the 50% retracement level lines up with the broken support.