The AUDUSD resumes the decline – Analysis - 13-08-2019
Economies.com
2019-08-13 05:10AM UTC
The AUDUSD pair shows calm negative trades to crawl towards our first waited target at 0.6700, noticing that stochastic begins to overlap negatively, which forms good motive that supports the expectations of achieve more decline in the upcoming sessions, reminding you that surpassing the mentioned target will push the price to 0.6625 as a next station.
Therefore, the bearish trend scenario will remain valid for today conditioned by the price stability below 0.6830.
The expected trading range for today is between 0.6700 support and 0.6800
The expected trend for today: Bearish
Forex and Currency News
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
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex
Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...