Midday update for the AUDUSD 06-10-2021

Economies.com
2021-10-06 09:49AM UTC

The AUDUSD pair traded with strong negativity to break 0.7245 level and settles below it, which supports the continuation of our bearish overview efficiently for the upcoming sessions, and the way is open to head towards our main expected target at 0.7170, which achieving it requires holding below 0.7290.

 

The expected trading range for today is between 0.7210 support and 0.7300 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex News

Forex

Fed Chair: Driving down inflation towards target could take longer than expected
2024-04-16 20:10PM UTC
Fed Chair Jerome Powell said in a symposium earlier today that inflation has stiffened and held in ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price tests the moving average – Forecast today - 18-04-2024
2024-04-18 04:07AM UTC
Price Analysis: USDCHF Expected Scenario The USDCHF price faces negative pressure to test ...
NZD USD Analysis

Forex

The NZDUSD price begins positively – Forecast today - 18-04-2024
2024-04-18 04:06AM UTC
Price Analysis: NZDUSD Expected Scenario The NZDUSD price trades with clear positivity, ...
AUD USD Analysis

Forex

The AUDUSD price is recovering – Forecast today - 18-04-2024
2024-04-18 04:06AM UTC
Price Analysis: AUDUSD Expected Scenario The AUDUSD price couldn’t hold below the ...