Sponsors

AUD/USD Forecast November 3, 2015 Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 03 November 2015 07:04 UTC
The AUD/USD pair went back and forth during the course of the session on Monday, essentially doing nothing. This of course has a lot to do with the Rate Statement coming out of Australia today, which the market seems to be waiting upon. Nonetheless though, the New Zealand dollar looks fairly stagnant during the session as well, so at this point in time perhaps we are simply doing nothing. Nonetheless, we recognize that a move above the 0.7175 level would send this market much higher. That could come after the statement, but at this point in time that’s just conjecture.

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.