The AUDUSD is stable – Analysis - 20-09-2019

Economies.com
2019-09-20 05:05AM UTC

The AUDUSD pair settles below 0.6800 barrier, and the EMA50 keeps pressing negatively on the price, keeping the bearish trend scenario valid until now, and its next main target is located at 0.6670.

 

Holding below 0.6865 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 basis.

 

The expected trading range for today is between 0.6730 support and 0.6820

 

The expected trend for today: Bearish

Forex and Currency News

Forex 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 ...
NZD/USD news

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 News

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

EUR USD Analysis

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, ...
Technical Analysis

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 ...
EUR JPY Analysis

Forex

The EURJPY achieves the first target – Forecast today – 1-5-2024
2024-05-01 05:26AM UTC
Scenarios and Trading Range Expected Scenarios EURJPY pair took advantage of frequent ...