OctaFX | OctaFX Forex Broker
Open trading account

Forex: AUD/USD found support at 1.0210

Following a 75 pips decline, the AUD/USD found support at the 1.0210 where the pair bounced to trade at the 1.0235 level. Currently the Aussie is trading at 1.0230, just above MA 200 hours line.

As for technical view, MACD, CCI and Momentum are bearish while the Stochastic is bullish in the 1-hour chart. Trend is slightly bearish according to the FXstreet.com Forex Studies. Next resistance is at 1.0235, ahead 1.0250 and 1.0260. On the downside, supports are at 1.0210, 1.0200 and 1.0180.

Forex: EUR/USD muted after Fitch downgraded Italy

The bloc currency remained indifferent after agency Fitch downgraded Italy’s credit rating to BBB+ from A-, keeping the negative outlook. Amongst the reasons, Fitch cited the uncertainties still surrounding...
Read more Previous

US markets and dollar in green after NFP

US shares are following their European peers on Friday, posting gains after the US economy surprised investors creating 236K jobs during February and the unemployment rate ticked lower to 7.7%. The US...
Read more Next
Start livechat