AUD USD confirms the break – Analysis - 23/01/2015
Economies.com
2015-01-23 05:52AM UTC
The AUDUSD pair confirmed breaking 0.8030 level thought a daily candlestick below it, to open the way to return to the main bearish pressure, which its next targets located at 0.7800 and extend to 0.7600.
Therefore, the bearish trend will be suggested in the upcoming sessions, supported by the EMA50 and stochastic negativity, unless breaching 0.8115 level and holding above it.
Expected trading range for today is between: 0.7900 support and 0.8115 resistance.
Expected trend for today: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...