The AUDUSD tests the resistance – Analysis - 30-05-2023
Economies.com
2023-05-30 04:12AM UTC
The AUDUSD pair tested the key resistance 0.6550 and keeps its stability below it, to start providing negative trades now and attempts to move away from this level, reinforcing the expectations of continuing the bearish trend for the upcoming period, reminding you that our expected targets begin at 0.6460 followed by 0.6400.
The EMA50 pushes negatively on the price to support the continuation of the suggested bearish wave, which will remain valid conditioned by the price stability below 0.6550.
The expected trading range for today is between 0.6460 support and 0.6550 resistance
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
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 Technical Analysis
Forex
The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
Forex
The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
Forex
The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...