The AUDUSD continues to achieve targets – Analysis - 10-05-2021

Economies.com
2021-05-10 00:26AM UTC

The AUDUSD pair rallied upwards strongly to surpass our second target at 0.7835 and settles above it, rienforcing the expectations of continuing the bullish trend, and the way is open to head towards 0.7900 that represents our next station.

 

The EMA50 continues to support the expected bullish wave, noting that its continuation depends on the price stability above 0.7815 and the most important above 0.7765.

 

The expected trading range for today is between 0.7815 support and 0.7920 resistance

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
GBP/JPY news

Forex

Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Technical Analysis

Forex

The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...