The AUDUSD breaches the resistance – Analysis - 09-12-2022
Economies.com
2022-12-09 04:39AM UTC
The AUDUSD pair achieved a clear breach to 0.6767 level, and closed the daily candlestick above it, to stop the suggested negative scenario in our last reports and heads towards achieving expected gains in the upcoming sessions, targeting 0.6850 then 0.6900 levels as next main stations.
Therefore, the bullish bias will be preferred in the upcoming sessions unless breaking 0.6767 level and holding below it again.
The expected trading range for today is between 0.6730 support and 0.6850 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...
Forex
The EURJPY hovers around the barrier – Forecast today – 17-5-2024
2024-05-17 07:10AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair took advantage of stochastic ...
Forex
The GBPJPY renews the positive action – Forecast today – 17-5-2024
2024-05-17 07:09AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair overcame temporary negative ...