Midday update for AUDUSD 22-06-2018
Economies.com
2018-06-22 10:58AM UTC
The AUDUSD pair traded with clear positivity this morning to surpass 0.7411 level and settles above it, which might push the price to test the key resistance 0.7473 before turning back to decline again.
In general, we will continue to suggest the bearish trend unless breaching the mentioned resistance and holding above it, supported by stochastic negativity that appears clearly on the four hours’ time frame, reminding you that our next main target is located at 0.7270.
Expected trading range for today is between 0.7300 support and 0.7450
Expected trend for today: Bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...