Midday update for the AUDUSD 10-07-2019

Economies.com
2019-07-10 10:50AM UTC

The AUDUSD pair settles near 0.6900 level, and we still waiting for surpassing this level to confirm the extension of the bearish wave on the intraday and short term basis, organized within the bearish channel that appears in the image, and its next target located at 0.6815, while holding below 0.7044 represents an important condition for the continuation of the expected decline.

 

The expected trading range for today is between 0.6840 support and 0.6980

 

The expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
USD/CHF news

Forex

Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex News

Forex

Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price begins the bearish correction – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
USDCHF Price Analysis The USDCHF price broke the bullish channel’s support line clearly ...
NZD USD Analysis

Forex

The NZDUSD price keeps rising – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
NZDUSD Price Analysis The NZDUSD price shows a more bullish bias as it approaches our awaited ...
AUD USD Analysis

Forex

The AUDUSD price hits the first target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
AUDUSD Price Analysis The AUDUSD price managed to achieve our first awaited target at 0.6570$, and ...