The AUDUSD leans on the moving average – Analysis - 26-02-2019

Economies.com
2019-02-26 05:37AM UTC

The AUDUSD pair settles above the EMA50, getting positive overlapping signal through stochastic now, waiting to resume the bullish bias in the upcoming sessions, which targets visiting 0.7250 level mainly.

 

Holding above 0.7145 is important to continue the expected rise, as breaking it will push the price to test 0.7085 and might extend to 0.7044 before any new attempt to rise.

 

The expected trading range for today is between 0.7085 support and 0.7220

 

The expected trend for today: Bullish

Forex and Currency News

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 ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...

Forex Technical Analysis

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 ...
GBP JPY Analysis

Forex

The GBPJPY records big gains – Forecast today – 26-4-2024
2024-04-26 06:46AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair succeeded to keep the bullish ...
USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...