The Aussie has had a strong rebound from a low of 55 back in March2020 and a high of 74 in Aug2020. After a limited consolidation period the AUD/USD is now trending lower. RagingBullFX EA is executing trades short AUD, there is a small rebound and if the AUD heads back down following the trend we will recommend increasing the lot size to capitalise on the move.
The bear trend against the USD started Sept 2020. The sentiment for a USD sell has been widespread across all major FX pairs and also a corresponding rise in the commodities sector reflecting a weaken
As we are now seeing a break down move with the EUR against the USD. This is the first break out of the consolidation since the end of July 2020. I would advise to start increasing position size and p
The sell off with the USD from the May period to Aug has ended and now we are seeing the USD continue to consolidate. We are starting to see a break above the 40 day MAV. All RagingBullFX EA's for all
