The AUDUSD consolidates above the key support – Analysis - 03-08-2022
Economies.com
2022-08-03 03:54AM UTC
The AUDUSD pair continued to decline to reach 0.6910 level, noticing that the price begins today with clear positivity to hint resuming the correctional bullish trend, to suggest the bullish bias in the upcoming sessions, targeting 0.6980 followed by 0.7050 levels as next main stations.
Stochastic provide positive signals that support the expected rise, which will remain valid unless breaking 0.6910 and holding below it.
The expected trading range for today is between 0.6880 support and 0.7000 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
Forex
The EURUSD price forecast update - 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios The EURUSD price begins to rebound bearishly after testing ...
Forex
The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...