The AUDUSD affected by the negative momentum – Analysis - 20-03-2019
Economies.com
2019-03-20 04:56AM UTC
The AUDUSD pair shows some bearish bias to approach the key support 0.7044, as the price is affected by stochastic negativity, and it needs to hold above the mentioned level to keep the bullish trend scenario active for the upcoming period, waiting to breach 0.7120 level to ease the mission of heading towards our next positive target at 0.7250.
We should note that breaking 0.7044 will put the price under negative pressure that its main targets begin at 0.6900.
The expected trading range for today is between 0.7020 support and 0.7150
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...