The AUDUSD negotiates the key level – Analysis - 30-04-2019
Economies.com
2019-04-30 04:30AM UTC
The AUDUSD pair continues to fluctuate around 0.7044 level, noticing that there is a contradiction between stochastic positivity and the EMA50 negativity, which makes us keep our neutrality until now, waiting to break the mentioned support or breaching 0.7135 resistance to detect the next destination clearly.
We remind you that breaking the support will press on the price to resume the bearish trend that its next main target located at 0.6800, while breaching the resistance will lead the price to achieve gains that start at 0.7250.
The expected trading range for today is between 0.6970 support and 0.7120
The expected trend for today: Neutral
Forex and Currency News
Forex
Sterling sharpens decline to five-month nadir after weak data
2024-04-19 11:40AM UTC
Sterling tumbled in European trade against a basket of major rivals, sharpening losses for the ...
Forex
Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
Forex
The EURUSD price forecast update - 19-04-2024
2024-04-19 10:43AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the ...
Forex
The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...