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Pairs in Focus This Week – AUD/USD, Oil, Gold, EUR/USD, USD/JPY, USD/CAD, USD/CHF, BTC/USD

From dailyforex.com

AUD/USD: The Australian dollar has rallied rather significantly during the course of this week and ended up challenging the crucial 0.65 level. The level could open up and move to the 0.66 level, which is where the 50-Week EMA currently resides. At this point, it certainly looks like we are trying to turn things around, but we have not cleared the last vestiges of resistance. So far, it just looks like we are threatening the top of the overall consolidation. US Oil (WTI): The West Texas Intermediate Crude Oil market continues to move on the latest headlines coming out of Gaza, and of course the idea of whether or not ... (full story)

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  • Category: Technical Analysis