BofA Merrill Lynch notes .....
- We remain bullish on the AUD/USD. With the 50d avg (now 0.7825) turning from medium term resistance to new support, we look for further gains towards 0.8264/0.8296 before renewed topping.
Commentary
Add as a preferred source on GoogleDaily outlook for AUD/USD
BofA Merrill Lynch notes ..... We remain bullish on the AUD/USD. With the 50d avg (now 0.7825) turning from medium term resistance to new support, we look for further gains towards 0.8264/0.8296 before renewed topping.
1 min read
Related articles
Research & Analysis
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
Digital Currency
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Commentary
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…