Australian Dollar Price Forecast: Extra losses likely below the 200-day SMA
The Australian Dollar (AUD) traded in a volatile fashion on Tuesday, prompting AUD/USD to exchange gains and losses just below the key 0.6500 mark.

The Australian Dollar (AUD) traded in a volatile fashion on Tuesday, prompting AUD/USD to exchange gains and losses just below the key 0.6500 mark.
The EUR/USD pair extends its consolidative phase, trading a handful of pips below the 1.1600 mark in the American sessionon Tuesday. The US Dollar (USD) remains resilient across the FX board amid market participants’ cautious stance.
For three consecutive trading sessions, spot gold prices have been incurring losses due to new selling transactions, initiated from the $4245 per ounce resistance level last Thursday. Losses extended to the $4006 per ounce support level, and according to gold trading company platforms, the gold index is stable around the $4022 per ounce level at…
Following the recent upward rebound gains, the Euro price appears ready to continue its recent gains against the US Dollar this week. Based on performance across trusted trading company platforms, the EUR/USD exchange rate is recovering from the selling wave seen in October, and is likely to breach the 1.1650 level in the coming days…
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