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.
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AUDUSD holding below descending trendline resistance! Drop incoming!00:15 2020-07-24 UTC--4
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Trading Recommendation
Entry: 0.71359
Reason for Entry: Descending trendline resistance
Take Profit: 0.70914
Reason for Take Profit: Recent graphical swing low
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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.