AUDUSD attempts to recover – Analysis - 13-11-2018

Economies.com
2018-11-13 05:10AM UTC

The AUDUSD pair begins today’s trading with bullish bias after attacking the key support 0.7180, attempting to return to the bullish channel now, which keeps the chances valid to resume the recently suggested bullish trend, supported by stochastic positivity, waiting to test 0.7277 level initially.

 

We should note that breaking 0.7180 and holding below it will put the price under negative pressure that targets 0.7115 level as a first negative station.

 

Expected trading range for today is between 0.7140 support and 0.7300

 

Expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
EUR/USD news

Forex

Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
NZD USD Analysis

Forex

Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...