This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -

The massive fall in oil prices may have ceased trading in the equites indices but this doesn’t mean markets are doomed! Despite dragging many risk assets down with, the oil isn’t as much correlated with the aussie and kiwi now as it is with the loonie, is it? If RBA and RBNZD team up with their respective governments to find a solution to the oil price war and the coronavirus this is likely to offer a good support on both audusd and nzdusd. The pin-bars seem to good too! And at the same time!

The post Are Commodity Pairs Doomed? appeared first on Orbex Forex Trading Blog.

To keep reading this article, please navigate to: Orbex Forex Trading Blog.