In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 20th session.
USD/JPY — The market could be range bound between the 109.00 and the 107.00 level. The market has been very choppy lately. A
AUD/USD — After the comments from Donald Trump regarding the US economy, the Aussie fell very strongly on Friday session. The 0.6500 level above is the beginning of the supply zone. The US Treasury yields did not rise at all. It shows the demand for the greenback. Hence, rallies are to be faded, and sold on signs of exhaustion at the moment.
© Prabhu for Forex Videos, 2020. |
Permalink |
No comment |
Add to
del.icio.us
Post tags: AUD/USD, technical analysis, USD/JPY
Feed enhanced by Better Feed from Ozh
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
