The AUDUSD keeps achieving the negative targets – Analysis - 18-08-2022
Economies.com
2022-08-18 04:14AM UTC
The AUDUSD pair succeeded to achieve our second waited target at 0.6910, starting today with new decline to hint heading to surpass this level and open the way to achieve additional negative targets that reach 0.6825.
Therefore, the bearish trend scenario will remain valid and active for the upcoming period, noting that breaching 0.6980 will stop the expected decline and lead the price to return to the bullish track again.
The expected trading range for today is between 0.6870 support and 0.6980 resistance
The expected trend for today: Bearish
Forex and Currency News
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
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 Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...