AUDUSD hits the first target – Analysis - 15-02-2018

Economies.com
2018-02-15 04:47AM UTC

The AUDUSD pair succeeded to achieve our first waited target at 0.7936 and settles there now, waiting for more rise on the intraday and short term basis, to extend the positive targets towards 0.8000 followed by 0.8124 as next main stations.

 

Holding above 0.7820 keeps the bullish trend scenario valid for the upcoming period, as breaking it will push the price to visit 0.7726 areas initially before any new attempt to rise.

 

Expected trading range for today is between 0.7960 support and 0.8020

 

Expected trend for today: Bullish

Forex and Currency News

GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex News

Forex

Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
EUR/USD news

Forex

Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Technical Analysis

Forex

The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...