AUDUSD edges lower towards 100-period SMA following the RBA commentary
According to Bloomberg's forex model, there is a 73.2% probability that the AUDUSD pair will trade within a range of 0.65070 - 0.66840 in the next 7 days.
Here’s why AUD is today’s best-performing G10 currency.
The Aussie dollar has gained nearly 0.3% against the US dollar so far on Wednesday, April 24th. However, a confluence of fundamental and technical factors is keeping AUDUSD from climbing even higher, for now. Here's AUD's story today in 4 charts, and its forecasted immediate trading range.
AUDUSD bulls are testing key resistance level at 21-period SMA. A break above it may potentially propell the australian dollar further towards 100-period SMA.
The price action is currently consolidated close to short-term and long-term moving averages while the RSI and MACD do not provide strong directional signals.
According to Bloomberg's forex model, there is a 73.2% probability that the AUDUSD pair will trade within a range of 0.65070 - 0.66840 in the next 7 d...
The Aussie dollar has gained nearly 0.3% against the US dollar so far on Wednesday, April 24th. However, a confluence of fundamental and technical fac...
inflation RBA Reserve Bank of Australia rate hike Aussie AUDUSD US Dollar Federal Reserve
AUDUSD bulls are testing key resistance level at 21-period SMA. A break above it may potentially propell the australian dollar further towards 100-per...
The price action is currently consolidated close to short-term and long-term moving averages while the RSI and MACD do not provide strong directional ...
AUDUSD Australian Dollar Aussie PCE
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