$AUDUSD price has room to fall to the 0.6800 area today. forexsignal AUDUSD
However, this currency pair fell sharply in favour of the Dollar just like every other pair did Friday
after Powell’s hawkish speech at Jackson Hole strongly boosted the greenback, which has continued to advance since this week’s open. Interestingly, the Aussie has falled during Monday’s Asian session just as strongly as most other currencies, which suggests that any residual strength in the Aussie is being wiped out.
We have bearish momentum and this may slow down or even reverse, however the odds have to be that nothing will change sentimentThe price here has room to fall, with no obvious key support levels until the round number at 0.6800.5 as potentially the most attractive trade setup we might see here today.Ready to trade our
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Weekly Forex Forecast - EUR/USD, GBP/USD, USD/JPY, AUD/USDStart the week of August 28, 2022 with our Forex forecast focusing on major currency pairs here.
Lire la suite »
EUR/USD Forex Signal: Sell-Off to IntensifyThe EUR/USD price continued its bearish trend after a series of hawkish statements by the European Central Bank (ECB) and Federal Reserve officials.
Lire la suite »
GBP/USD Forex Signal: Inverted C\u0026H Points to More DownsideThe GBPUSD pair has formed an inverted cup and handle pattern. In price action analysis, this pattern is usually a bearish sign. Bearish $GBP $USD forexsignals
Lire la suite »
AUD/USD: Bears kicking off the week below 0.6900, eyes on Australian dataAUD/USD is trading below 0.7000, starting a brand new week on the back foot, as US dollar bulls keep the upper hand following Fed Chair Jerome Powell’
Lire la suite »