The AUDJPY resumes the bullish correction – Analysis – 15-4-2019
Economies.com
2019-04-15 07:07AM UTC
The AUDJPY pair hinted the tend to resume the bullish correction by providing new positive stability above the moving average 55 that forms additional support at 79.40, to notice touching 80.50 level.
Also, stochastic reach to the overbought areas will increase the chances of gathering the positive momentum, to increase the chances of forming new bullish waves and expect targeting 81.10 followed by reaching the bearish channel’s resistance at 81.60.
The expected trading range for today is between 79.85 and 81.10
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen heads for weekly loss as intervention momentum from Japanese authorities fade
2024-05-10 04:51AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, resuming losses against the ...
Forex
BOE holds interest rates unchanged for sixth straight meeting
2024-05-09 11:33AM UTC
Bank of England voted to hold interest rates unchanged for the fifth straight meeting at 5.25%, the ...
Forex
Sterling under pressure ahead of BOE decisions
2024-05-09 07:50AM UTC
Sterling fell in European trade on Thursday against a basket of major rivals, extending losses for ...
Forex Technical Analysis
Forex
The USDCHF price gathers the positive momentum – Forecast today - 10-05-2024
2024-05-10 03:57AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered strong resistance from ...
Forex
The NZDUSD price attempts positively – Forecast today - 10-05-2024
2024-05-10 03:57AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price showed a clear bounce upwards ...
Forex
The AUDUSD price achieves intraday gains – Forecast today - 10-05-2024
2024-05-10 03:57AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price exhibited clear positivity ...