AUDUSD within sideways track – Analysis - 18-04-2018
Economies.com
2018-04-18 03:56AM UTC
The AUDUSD pair shows more sideways trading and keeps its stability above 0.7743 level, noticing that stochastic reaches the oversold areas now, to form positive motive that we are waiting to assist to push the price to resume rising again.
Therefore, our bullish overview will remain active in the upcoming period conditioned by the price stability above 0.7743, noting that the EMA50 keeps supporting the bullish wave that its targets begin at 0.7818 and extend to 0.7893.
Expected trading range for today is between 0.7700 support and 0.7860
Expected trend for today: Bullish
Forex and Currency 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
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
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 ...
Forex Technical Analysis
Forex
The USDCHF price hits the target – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
USDCHF Price Analysis Expected Scenarios The USDCHF price managed to achieve our waited ...
Forex
The NZDUSD price completes the positive pattern – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
NZDUSD Price Analysis Expected Scenarios The NZDUSD price settles above 0.6000$ level, which ...
Forex
The AUDUSD price hits the second target – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
AUDUSD Price Analysis Expected Scenarios The AUDUSD price found solid resistance at 0.6640$, ...