The AUDUSD achieves some gains – Analysis - 12-03-2021
Economies.com
2021-03-12 05:18AM UTC
The AUDUSD pair’s rise stopped at 0.7800, as it lost its positive momentum and begins to provide calm negative trades, which hints the price head to resume the correctional bearish track again, on its way to test 0.7615 initially.
Therefore, the bearish bias will remain expected for today unless breaching 0.7825 and holding above it, noting that breaking 0.7765 is required to reinforce the expectations to decline.
The expected trading range for today is between 0.7700 support and 0.7825 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...