The AUDUSD suffers intraday losses – Analysis - 21-04-2021
Economies.com
2021-04-21 01:19AM UTC
The AUDUSD pair faced strong negative pressure to break 0.7765 and settles below it, but we notice that the EMA50 protects the price from suffering more losses, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the main bullish trend, which its next targets located at 0.7840 followed by 0.7900.
Therefore, our bullish overview will remain valid and active conditioned by the price stability above 0.7710.
The expected trading range for today is between 0.7680 support and 0.7800 resistance
The expected trend for today: Bullish
Forex and Currency News
Forex
US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
Forex
Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
Forex
The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
Forex
The GBPUSD forecast update 15-05-2024
2024-05-15 09:28AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price continues to rise to approach ...