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 under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...
Forex
Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
Update: The EURUSD breaches the resistance
2024-05-14 15:07PM UTC
The EURUSD price rallied upwards to attack 1.0795$ and close the last four hours’ candlestick ...
Forex
Zscaler price ends cautiously higher - Forecast today - 14-05-2024
2024-05-14 10:13AM UTC
Zscaler’s stock price (ZS) rose in the intraday levels, amid the dominance of the downward ...
Forex
Marvel Technology price touches SMA resistance - Forecast today - 14-05-2024
2024-05-14 10:12AM UTC
Marvel Technology’s stock price (MRVL) rose in the intraday levels, touching the resistance ...