The AUD/USD started the week lower due to developments in the Middle East over the weekend. However, during the American session, it reversed directio
AUD/USD Current Price: 0.6405 The Australian Dollar successfully erased its losses against the Greenback. Conflict in the Middle East generates new concerns. The AUD/USD pair climbed above 0.6400, supported by a weaker Dollar. n and rose to a one-week high above 0.6400, driven by an improvement in market sentiment. The US Dollar lost momentum during the American session as stocks on Wall Street turned positive.
The AUD/USD pair could maintain its firmness if market conditions remain stable. The risk of a deterioration in market sentiment is being offset by a decline in Treasury yields. AUD/USD short-term technical outlook The AUD/USD pair exceeded the 20-day Simple Moving Average and the 0.6400 level on Monday, reinforcing its recovery from monthly lows. The technical indicators on the daily chart continue to show improvement for the Aussie, although the overall trend remains bearish.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AUD/USD drops toward 0.6300 after a bearish opening gap on Middle East coflictAUD/USD is falling hard toward 0.6300 in early Asian trading on Monday, having faced rejection at 0.6400 in the aftermath of the US Nonfarm Payrolls d
Weiterlesen »
AUD/USD remains consolidative in the near term – UOBFurther range bound appears likely around AUD/USD in the short-term horizon, comment Markets Strategist Quek Ser Leang and Senior FX Strategist Peter
Weiterlesen »
AUD/USD rebounds though Israel-Palestinian tensions remain intactThe AUD/USD pair refreshes intraday high at 0.6380 as investors pare shorts in risk-perceived assets executed due to the Middle East crisis amid belli
Weiterlesen »
USD/CHF clears daily gains and falls below the 20-day SMAIn Monday’s session, the USD/CHF reversed its course after peaking at a high of 0.9123 and settling around 0.9055 below the 20-day Simple Moving Avera
Weiterlesen »
EUR/JPY closes below 157.00, eyes on 20 and a 100-day SMA bearish crossThe EUR/JPY declined on Monday near the 156.90 area after initially rising near the 157.70 area, above the 20-day Simple Moving Average (SMA). Observi
Weiterlesen »
EUR/USD Forecast: Risk-off flows to start the weekThe EUR/USD pair trades near an intraday low of 1.0518 as risk-off flows underpin the US Dollar. On Saturday, the armed Palestinian group Hamas launc
Weiterlesen »