AUDUSD begins positively – Analysis - 22-02-2017

Economies.com
2017-02-22 05:32AM UTC

The AUDUSD pair opens today’s trading with clear positivity as a signal for heading towards resuming the main bullish trend after the temporary decline that controlled the last trading, therefore, we wait for more of the upside moves in the upcoming sessions, reminding you that breaching 0.7690 level will ease the price mission to head towards our next main target at 0.7833.

 

The EMA50 supports the suggested rise, which its continuation conditioned by holding above 0.7595 level.

 

Expected trading range for today is between 0.7600 support and 0.7833

 

Expected trend for today: Bullish

Forex and Currency News

AUD/USD news

Forex

Aussie backs off four-month high despite RBA's aggressiveness
2024-05-21 03:51AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, extending ...
Forex News

Forex

Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
EUR/USD news

Forex

Euro trades at two-month highs amid positive outlook
2024-05-20 06:38AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains and ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 21-05-2024
2024-05-21 10:08AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price resumes its positive trading and ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 21-05-2024
2024-05-21 10:08AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows sideways trades to test ...
Technical Analysis

Forex

The GBPCHF confirms the positivity – Forecast today – 21-5-2024
2024-05-21 05:11AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price confirmed moving to the bullish ...