The AUDUSD begins negatively – Analysis - 27-06-2022
Economies.com
2022-06-27 04:13AM UTC
The AUDUSD pair opened today with clear negativity to settle below 0.6930 again, which keeps the bearish trend scenario active, supported by the negative pressure formed by the EMA50, besides the negative signal provided by stochastic, waiting to head towards our main expected target at 0.6830.
Note that breaching 0.6930 followed by 0.6955 levels will stop the suggested decline and push the price to turn to rise.
The expected trading range for today is between 0.6860 support and 0.6950 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
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 Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...