AUDUSD resumes rising – Analysis - 18-01-2019

Economies.com
2019-01-18 04:56AM UTC

The AUDUSD pair trades with clear positivity after testing 0.7145 level yesterday, to approach 0.7200 barrier, waiting for more rise, supported by the EMA50 to visit 0.7335 level that represents our next target.

 

In general, we will continue to suggest the bullish trend conditioned by the price stability above 0.7145.

 

Expected trading range for today is between 0.7145 support and 0.7260

 

Expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
USD/CHF news

Forex

Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex News

Forex

Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price keeps rising – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
NZDUSD Price Analysis The NZDUSD price shows a more bullish bias as it approaches our awaited ...
AUD USD Analysis

Forex

The AUDUSD price hits the first target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
AUDUSD Price Analysis The AUDUSD price managed to achieve our first awaited target at 0.6570$, and ...
USD CAD Analysis

Forex

The USDCAD price draws negative pattern – Forecast today - 03-05-2024
2024-05-03 03:36AM UTC
USDCAD Price Analysis The USDCAD price shows a bearish bias, testing the minor support at ...