The AUDUSD keeps achieving the positive targets – Analysis - 21-10-2021
1 year ago

The AUDUSD pair rallied upwards strongly to reach the first extended target at 0.7550, and we believe that the way is open to continue the rise on the short term and medium term basis, reminding you that our next station is located at 0.7615.


Holding above 0.7475 is important to continue the bullish trend, which gets continuous support by the EMA50, as breaking it will press on the price to start correctional bearish wave on the intraday basis.



The expected trading range for today is between 0.7500 support and 0.7600 resistance


The expected trend for today: Bullish

Forex and Currency News

EUR/USD news


Euro trades near six-month low ahead of major European data
5 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
GBP/USD news


Sterling sharpens decline to six-month lows after surprise decision by BOE
23 hours ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex News


Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...

Forex Technical Analysis

NZD USD Analysis


Midday update for the NZDUSD 22-09-2023
2 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
AUD USD Analysis


Midday update for the AUDUSD 22-09-2023
2 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
GBP USD Analysis


Midday update for the GBPUSD 22-09-2023
2 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...