The AUDUSD surpasses the target – Analysis - 20-10-2021
1 year ago

The AUDUSD pair managed to breach 0.7478 level and attempts to build support base above it, to support the chances of continuing the bullish trend on the short term and medium term basis, paving the way to head towards 0.7550 followed by 0.7615 levels as next main targets.


The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.7440 and holding below it.



The expected trading range for today is between 0.7450 support and 0.7550 resistance


The expected trend for today: Bullish

Forex and Currency News

Forex News


Dollar hits 2023 high on US interest rate forecasts
14 hours ago
Dollar rose in European trade on Tuesday against a basket of major rivals, extending gains for the ...
Forex News


Reasons that bolster the case for an additional US rate hike.. what are they?
17 hours ago
Amid sharp volatility in dollar's pricing and US treasury yields, markets are speculating about an ...
EUR/USD news


Euro sharpens decline to six-month trough amid concerns about rate gap
19 hours ago
Euro fell in European trade on Tuesday on track for the sixth straight loss against dollar, ...

Forex Technical Analysis

GBP USD Analysis


Midday update for the GBPUSD 26-09-2023
16 hours ago
The GBPUSD pair provides extra negative trading, reinforcing the expectations for the continuation ...
EUR USD Analysis


Midday update for the EURUSD 26-09-2023
16 hours ago
The EURUSD pair provided clear negative trading this morning, and returns to show slight bullish ...
Technical Analysis


The GBPCHF repeats the negative closes – Analysis – 26-9-2023
20 hours ago
The GBPCHF confirmed its surrender to the bearish bias domination by providing new closes below the ...