The AUDUSD achieves more gains – Analysis - 20-07-2022
Economies.com
2022-07-20 04:13AM UTC
The AUDUSD pair opens today’s trading with additional positivity to approach our new target at 0.6930, expecting the continuation of the bullish bias to surpass this level and open the way to head towards 0.6985 as a next positive target.
Therefore, the bullish trend scenario will remain valid and active for the upcoming period supported by the EMA50, taking into consideration that holding above 0.6890 represents initial condition to continue the expected rise.
The expected trading range for today is between 0.6880 support and 0.6985 resistance
The 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 GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...