© Dukascopy Bank AS
"The Aussie dollar has been far from closely resembling the fundamentals for quite some time. The market seems to be playing a little bit of catch-up."
-Gavin Stacey, Barclays Plc. 9based on Bloomberg Businessweek)
Pair's Outlook
Aussie continues to loose ground against greenback. Pair's outlook Is mildly positive, the stochastic indictor send buy signal as well indicating that the pair should try to regain some of the loses in this week.
Traders' Sentiment
Bearish sentiment persists for the third week, but slipped by additional 2% today and is at 52% mark. Amount of pending sell orders decreased the same amount and is at 54%.
© Dukascopy Bank AS