AUD/USD: Upside pressure to stay in place towards 0.7088/7136 – Credit Suisse AUDUSD Banks
AUD/USD continues to edge slowly higher. Economists at Credit Suisse stay bullish and look for upside to 0.7088/7136 next.“Near-term momentum continues to rise and with weekly MACD now also crossing into positive territory, we think the upside pressure is likely to stay in place.”
“More notable support is seen at the recent breakout point and the 13-Day Exponential Average at 0.6893/75 and then at the 200DMA at 0.6858, which we look to hold to keep the near-term bias higher.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Credit Suisse set to cut 10% of European investment bankers -FTSwiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people with knowledge of the moves.
Weiterlesen »
Weekly Forex Forecast \u2013Gold, EUR/USD, USD/JPY, AUD/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Weiterlesen »
AUD/USD Price Analysis: Bullish breakout on the cards or have we seen the highs?It's been a roller coaster of a ride to start the year and AUD/USD has been one of the most volatile love the past week, driven on fundamentals, both
Weiterlesen »
AUD/USD bulls eye a break of 0.6990s as domestic data underpins hawkish RBA sentimentAUD/USD is trading at 0.6970 and in a tight 10-pip range between 0.6967 and 0.6977 on the day so far. The price has been capped below the recent 0.699
Weiterlesen »
AUD/USD surpasses 0.7000 as USD Index refreshes seven-month low, China’s GDP eyedThe AUD/USD pair has surpassed the psychological resistance of 0.7000 for the first time in the past five months in the Asian session. The Aussie asse
Weiterlesen »
AUD/USD eases from five-month high, holds steady below 0.7000 amid sustained USD sellingThe AUD/USD pair kicks off the new week on a positive note and climbs to its highest level since mid-August during the Asian session. The pair, howeve
Weiterlesen »