The AUDUSD pair continues to rise to reach the intraday bearish channel’s resistance, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to resume the expected bearish trend for today, which targets 0.7100 as a next main station, reminding you that it is important to hold below 0.7290 to continue the suggested negative scenario.

The expected trading range for today is between 0.7190 support and 0.7290 resistance

The expected trend for today: Bearish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1606	0.0036	0.3139%
Midday update for the EURUSD 15-10-2021
	GBP/USD	1.3751	0.0123	0.9053%

	Tadawul	11773.36	25.09	0.21%

	Silver	23.335	0.700	3.090%

	Oil	82.022	0.902	1.112%
Midday update for Crude oil 15-10-2021
	Brent Oil	84.86	0.86	1.02%

	Gold	1767.855	13.150	0.749%
Evening update analysis for Gold 15-10-2021

Live Forex Updates

Dollar steadies after positive economic data

2021-10-15 18:57:36 GMT

US oil drilling rigs count rises this week

2021-10-15 17:52:14 GMT

US retail sales better than expected in September

2021-10-15 12:35:18 GMT

Dollar deepens losses ahead of US retail sales data

2021-10-15 12:00:05 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.