Midday update for the AUDUSD 07-10-2021

Economies.com
1 year ago

The AUDUSD pair attempted to breach 0.7290 and returns to hold below it, which keeps our bearish overview valid for today, supported by stochastic negativity, waiting to test 0.7245 level initially, reminding you that breaching 0.7290 will stop the suggested negative scenario and lead the price to turn to rise.

 

The expected trading range for today is between 0.7220 support and 0.7320 resistance

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

US unemployment claims rise past estimates
12 hours ago
US unemployment claims rose to 261 thousand in the week ending June 3, above estimates of 236 ...
Forex News

Forex

Dollar declines ahead of US unemployment claims data
13 hours ago
Dollar fell in European trade on Thursday for a second session away from eleven-week highs as  ...
EUR/USD news

Forex

Euro extends recovery on European rates prospects
18 hours ago
Euro rose in European trade for the second session against dollar away from recent two-month lows, ...

Forex Technical Analysis

NZD USD Analysis

Forex

Midday update for the NZDUSD 08-06-2023
15 hours ago
The NZDUSD pair shows positive trades to move above the EMA50, affected by stochastic positivity, ...
AUD USD Analysis

Forex

Midday update for the AUDUSD 08-06-2023
15 hours ago
The AUDUSD pair returns to rise and attack 0.6660 level, which urges caution form the upcoming ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 08-06-2023
15 hours ago
The GBPUSD pair trades with clear positivity to attack 1.2470 level and attempt to hold above it, ...