Midday update for AUDUSD 22-03-2017
Economies.com
2017-03-22 11:43AM UTC
The AUDUSD pair fluctuates around the EMA50 since morning, while stochastic provides positive overlapping signal on the four hours' time frame, waiting to resume the positive trading for the rest of the day, which its targets begin by testing 0.7739 level.
In general, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 0.7604 level and holding below it, reminding you that breaching the above mentioned level will extend the bullish wave to reach 0.7900 as a next main station.
Expected trading range for today is between 0.7600 support and 0.7780
Expected trend for today: Bullish
Forex and Currency News
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
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 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$, ...