The AUDUSD price loses momentum – Forecast today - 26-03-2024
Economies.com
2024-03-26 02:16AM UTC
AUDUSD Price Analysis
- The AUDUSD price crawls upwards towards the EMA50, forming intraday resistance.
- Stochastic loses positive momentum, reaching overbought areas, supporting the possibility of resuming the bullish trend.
- Initial targets include surpassing 0.6500$ followed by 0.6450$ and 0.6410$ levels.
Support and Resistance Levels:
- Support: 0.6470$
- Resistance: 0.6575$
Trend Forecast: Bearish
Forex and Currency News
Forex
Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex
Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
Forex
The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
Forex
The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...