AUDUSD crawls downwards – Analysis - 21-11-2017
Economies.com
2017-11-21 04:40AM UTC
The AUDUSD pair shows calm negative trading to approach 0.7516 level, and the price falls under continuous negative pressure coming by the EMA50, to support the chances of breaking the mentioned level followed by extending the bearish wave towards 0.7415 as a next target.
Therefore, we suggest the continuation of the bearish trend in the upcoming sessions, noting that breaching 0.7633 will stop the current negative pressure and lead the price to regain its main bullish track again.
Expected trading range for today is between 0.7450 support and 0.7633
Expected trend for today: Bearish
Forex and Currency News
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 16-05-2024
2024-05-16 09:26AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some bearish bias to head ...
Forex
The EURUSD price forecast update - 16-05-2024
2024-05-16 09:25AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price faces negative pressure now to ...
Forex
The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...