The AUDUSD is stable – Analysis - 21-09-2020

Economies.com
2020-09-21 03:57AM UTC

The AUDUSD pair keeps its stability above the bullish channel’s support line that appears on the chart, noticing that stochastic begins overlapping positively now, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.7413 level initially.

 

The EMA50 supports the expected rise, which its continuation requires holding above 0.7250.

 

The expected trading range for today is between 0.7260 support and 0.7400

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
EUR/USD news

Forex

Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...

Forex Technical Analysis

EUR USD Analysis

Forex

The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
NZD USD Analysis

Forex

Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...
USD CHF Analysis

Forex

The USDCHF price hits the target – Forecast today - 06-05-2024
2024-05-06 04:09AM UTC
USDCHF Price Analysis Expected Scenarios The USDCHF price managed to achieve our waited ...