The AUDUSD declines calmly – Analysis - 18-09-2019
Economies.com
2019-09-18 04:54AM UTC
The AUDUSD pair shows calm negative trading to move away gradually from the bearish channel’s resistance, keeping the bearish trend scenario preferred in the upcoming sessions, and its targets begin at 0.6795 and extend to 0.6670 after breaking the previous level.
Holding below 0.6870 is important for the continuation of the expected decline, where breaching it will push the price to begin a bullish correctional wave on the intraday and short basis.
The expected trading range for today is between 0.6760 support and 0.6885
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex
Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex
Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
Forex
The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Forex
The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...