The AUDUSD presses on the support – Analysis - 12-12-2022

Economies.com
2022-12-12 04:55AM UTC

The AUDUSD pair started today with clear negativity to test the key support 0.6767, consolidating above this level until now, to start providing bullish bias in attempt to resume the expected bullish trend on the intraday basis, which its next targets located at 0.6850 and extend to 0.6900.

 

The EMA50 carries the price from below to support the continuation of the suggested rise, which will remain valid conditioned by the price stability above 0.6767 – 0.6745 levels.

 

The expected trading range for today is between 0.6730 support and 0.6850 resistance

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Technical Analysis

Forex

The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...