AUDUSD breaches the resistance – Analysis - 17-08-2017
Economies.com
2017-08-17 04:14AM UTC
The AUDUSD pair rallied bullishly to succeed breaching the bearish channel's resistance that appears on chart and settled above it, reinforcing the expectations of continuing the bullish trend in the upcoming period, and the way is open to achieve our next targets at 0.8000 followed by 0.8115.
Therefore, the bullish trend will remain active on the intraday and short term basis, supported by the EMA50, conditioned by the price stability above 0.7800.
Expected trading range for today is between 0.7880 support and 0.8020
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...