• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

AUDUSD and AUDNZD: AUDUSD exceeds last week’s high

by August 19, 2024
written by August 19, 2024

AUDUSD and AUDNZD: AUDUSD exceeds last week’s high

During this morning’s Asian trading session, the AUDUSD continued its bullish consolidation
During this morning’s Asian trading session, the AUDNZD retreated to the 1.09850 level

AUDUSD chart analysis

During this morning’s Asian trading session, the AUDUSD continued its bullish consolidation. There were no trend changes in the EU session, and the pair rose to 0.66992 levels. Now, we pause there and make a short pullback to the 0.66965 level. That could trigger a deeper pullback below 0.66800. This increases the bearish momentum and turns towards the daily open price.

How the AUDUSD behaves in that zone will determine this week’s trend. Potential lower targets are 0.66600 and 0.66500 levels. Additional support is the EMA 50 moving average around the 0.66550 level. For a bullish option, we need a positive consolidation and growth to the 0.67000 level. With that step, we grow to a new daily high and confirm that we remain in a bullish trend. Potential higher targets are 0.67100 and 0.67200 levels.

 

AUDNZD chart analysis

During this morning’s Asian trading session, the AUDNZD retreated to the 1.09850 level. At this level, we received support from the EMA200 moving average, and the pair turned to the bullish side again. From there, we see the initiation of a new bullish consolidation and a rise to the 1.10250 level. We are back above the daily open price on the positive side. Now, there is a good opportunity to continue on the bullish side and reach last week’s levels.

Potential higher targets are 1.10400 and 1.10600 levels. We need a negative consolidation and a new drop to the EMA 200 moving average for a bearish option. With a pullback below the AUDNZD will form a new daily low and thus confirm that it is under pressure. After that, we are likely to see a further pullback to a new low. Potential lower targets are 1.09600 and 1.09400 levels.

 

The post AUDUSD and AUDNZD: AUDUSD exceeds last week’s high appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
SoundHound AI Stock Drops: Q2 2024 Nvidia Portfolio Update
next post
Modern Trade vs General Trade Management

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

    June 7, 2025
  • Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts

    October 21, 2024
  • ApeCoin and Akita Inu: ApeCoin is holding above 0.715

    July 11, 2024
  • S&P 500 and Nasdaq: S&P 500 rushes to new all-time high

    September 25, 2024
  • Former VP Pence vows to speak out if President Trump veers from ‘conservative agenda’

    May 5, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,005)
  • Investing (634)
  • Stock (809)

Latest Posts

  • Stefanik says Harris joint interview with Walz is ‘offensive to all women’

    August 29, 2024
  • GM to increase production of high-performance Cadillac Escalade V8 SUV

    July 17, 2024
  • Oprah town hall cost Harris campaign far more than initially claimed: report

    November 18, 2024

Recent Posts

  • Dollar index ahead of Fed challenge and NFP report

    July 29, 2024
  • White House announces new defensive military deployments to aide Israel against Iran, proxies

    August 2, 2024
  • AI cameras are giving DC’s air defense a major upgrade

    December 21, 2024

Editor’s Pick

  • White House reveals possible penalties on Putin amid peace push: ‘Whatever it takes’

    April 28, 2025
  • McDonald’s DEI rollback: Fast-food giant retires quotas and shifts focus to ‘Global Inclusion’

    January 7, 2025
  • Why JPMorgan Chase is prepared to sue the U.S. government over Zelle scams

    September 29, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock