The AUDUSD resumes the positive attempts – Analysis - 26-04-2021
Economies.com
2021-04-26 01:10AM UTC
The AUDUSD pair completed forming bullish flag pattern after breaching the minor bearish channel’s resistance that appears on the chart, to get positive motive that we expect to push the price to regain the main bullish trend, and it needs to breach 0.7765 level to confirm opening the way to head towards 0.7835 followed by 0.7900 levels as next main targets.
Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 0.7700 and holding below it.
The expected trading range for today is between 0.7700 support and 0.7800 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex Technical Analysis
Forex
The USDCHF price touches the recent high – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
USDCHF Price Analysis The USDCHF price resumes its positive trading to test the recently ...
Forex
The NZDUSD price needs strong positive motive – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
NZDUSD Price Analysis The NZDUSD price fluctuates within sideways and tight track since ...
Forex
The AUDUSD price keeps its positive stability – Forecast today - 25-04-2024
2024-04-25 04:07AM UTC
AUDUSD Price Analysis The AUDUSD price attempted to break 0.6500$ level but it kept its ...