Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

AUDUSD holding above trendline support! Further rise expected!
23:17 2020-07-14 UTC--4
Exchange Rates analysis

Trading Recommendation

Entry: 0.69930

Reason for Entry: 100% Fibonacci extension, ascending trendline support, moving average support

Take Profit: 0.70141

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.69764

Reason for Stop Loss: 23.6% Fibonacci retracement

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.