Midday update for AUD USD 27/03/2015

Economies.com
2015-03-27 10:59AM UTC

 

The AUDUSD pair tested the critical support at 0.7780, which represents one of the next trend keys besides 0.7910 resistance, where the price needs to surpass one of these levels to detect its next trend clearly. Therefore, our neutral attitude remains valid until now, pointing that stochastic provides positive signal that tries to protect the price from suffering more losses, to recognize the expected targets from breaching the above- mentioned levels, please review our previous report.

 

Expected trading range for today is between: 0.7700 support and 0.7910

 

Expected trend for today: Depends on the above mentioned levels

Forex and Currency News

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 ...
EUR/USD news

Forex

Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price under the negative pressure – Forecast today - 30-04-2024
2024-04-30 04:05AM UTC
USDCHF Price Analysis The USDCHF price broke the bullish channel’s support line yesterday ...
NZD USD Analysis

Forex

The NZDUSD price loses momentum – Forecast today - 30-04-2024
2024-04-30 04:05AM UTC
NZDUSD Price Analysis The NZDUSD price started today negatively after losing positive momentum, ...
AUD USD Analysis

Forex

The AUDUSD price faces solid resistance – Forecast today - 30-04-2024
2024-04-30 04:05AM UTC
AUDUSD Price Analysis The AUDUSD price faced difficulty in surpassing the 0.6570$ level, starting ...