country flagالعربية
0
0

AUD / USD Daily Technical Analysis | 17 July

2017-07-17 08:58 am | Resource: Technical Analysis | No Views : 185

Daily Technical Analysis of The AUD / USD is showing the pair's analysis and the pair's expectations and the current trend. AUD / USD with support, resistance and technical indicators showing relative strength and ADX.

A pair of AUD/USD opened today's session at 0.7823, with little difference from last week's closing.
Currently, AUD/USD is touching the simple moving average 20, which has confirmed the trend reversal from the upside to the 0.7756 levels: 0.7827, thus recommending daily traders to ease their buying positions.
The RSI 14 shows that the pair's determination turned bearish and that the pair needs correction, and the ADX index indicated a weak bullish trend at the end of last Friday's trading.
If the pair breaks to 0.7791 with negative price behavior, the pair is expected to target 0.7756.
Support: 0.7791, 0.7756, 0.7714
Resistance: 1.2680, 1.2817, 1.2937
Direction: Down


Other news

Sterling fell and euro rose amid renewed uncertainty about Brexit

  The pound weakened against major currencies in the European session on Monday, amid renewed uncertainty over Brexit, with officials from the UK and the European Union saying at the weekend that more work was needed to secure the Brexit agreement. After intense talks in Brussels, the EU's chief negotiator, Michel Barnier, said there was still a "big gap" on tariff arrangements. The pound traded in a negative territory against…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.