The AUDUSD approaches the target – Analysis - 15-01-2021
Economies.com
2021-01-15 04:55AM UTC
The AUDUSD pair traded with clear positivity yesterday to approach our waited target at 0.7820, noticing that the price begins today with bearish bias to head towards potential test to the EMA50, affected by stochastic positivity, waiting to get enough positive momentum to push the price to resume the main bullish trend again.
Holding above 0.7710 is important to continue the expected rise, noting that surpassing the mentioned target will extend the bullish wave to reach 0.7910 as a next main station.
The expected trading range for today is between 0.7710 support and 0.7820
The expected trend for today: Bullish
Forex and Currency News
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
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 ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...