AUDUSD gets a positive signal – Analysis - 04-12-2018

Economies.com
2018-12-04 05:14AM UTC

The AUDUSD pair begins today’s trading with slight bullish bias, hinting the price head to resume the expected bullish trend for the upcoming period, supported by the positive signal provided by stochastic, waiting to test 0.7437 mainly.

 

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 0.7277, noting that breaching the targeted level will extend the bullish wave to reach 0.7566.

 

Expected trading range for today is between 0.7320 support and 0.7440

 

Expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex News

Forex

Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
Forex News

Forex

Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
GBP USD Analysis

Forex

The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...