AUDUSD resumes rising – Analysis - 19-07-2017
Economies.com
2017-07-19 03:36AM UTC
The AUDUSD pair returns to resume its positive trading today after the calm decline that it witnessed in the previous sessions, as it managed to build support base above 0.7900 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming period, and the way is open to test 0.8000 that represents our next main target.
Breaching the targeted level will extend the pair's gains to reach 0.8115 as a next main station, while the expected rise will remain valid unless breaking 0.7830 level and holding below it.
Expected trading range for today is between 0.7830 support and 0.8050
Expected trend for today: Bullish
Forex and Currency News
Forex
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
Forex
The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
Forex
The GBPUSD forecast update 15-05-2024
2024-05-15 09:28AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price continues to rise to approach ...