AUD/JPY May Bloom if Chinese PMI Data Kindles Risk Appetite

The Australian Dollar may rise if Chinese PMI data for June rekindles risk appetite and reinforces the bullish narrative that economic stabilization may soon give way to a recovery.

from DailyFX – Market News https://bit.ly/38cZbMV
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AUD/JPY May Bloom if Chinese PMI Data Kindles Risk Appetite

The Australian Dollar may rise if Chinese PMI data for June rekindles risk appetite and reinforces the bullish narrative that economic stabilization may soon give way to a recovery.

from DailyFX – Market News https://bit.ly/38cZbMV
via IFTTT

US Dollar Hinges on Consumer Confidence as Virus Cases Climb

The US Dollar traded mixed on Monday ahead of a jam-packed economic calendar as the world reserve currency searches for direction amid conflicting fundamental undercurrents like bulging liquidity a…

from DailyFX – Market News https://bit.ly/3idIhCC
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US Dollar Hinges on Consumer Confidence as Virus Cases Climb

from DailyFX – Market News https://bit.ly/3idIhCC
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Nasdaq 100, Crude Oil and EURAUD Stage Head-and-Shoulders Patterns

Head-and-shoulders patterns are one of the most popular chart formations among retail traders, but just because the structure is in place doesn’t mean a reversal is imminent. I look at the potentia…

from DailyFX – Market News https://bit.ly/2ZiJlMV
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