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

AUDUSD and AUDNZD: New Weekly Targets and Prices

by October 14, 2024
written by October 14, 2024

AUDUSD and AUDNZD: New Weekly Targets and Prices

At the market opening this morning, AUDUSD made a bearish gap and started a new pullback
During this morning’s Asian trading session, AUDNZD traded in the 1.10400-1.10700 range

AUDUSD chart analysis

At the market opening this morning, AUDUSD made a bearish gap and started a new pullback. We failed to move above 0.67400 and EMA 50 moving average. This led us to initiate a bearish consolidation around the 0.67200 level. If the pair continues this trend, we expect to see a test of 0.67000 and thus test last week’s low. Potential lower targets are 0.66800 and 0.666600 levels.

For a bullish option, the AUDUSD must first stabilize before initiating a bullish consolidation. Then, we hope for a return above the 0.67500 daily open level. With that, we move to the positive side and close this morning’s gap. After that, the AUDUSD has an opportunity to subdue the bullish consolidation and continue the recovery. Potential higher targets are 0.67600 and 0.67800 levels. Additional resistance to our teaching on the bullish side is the EMA 200 moving average in the 0.67800 zone.

 

AUDNZD chart analysis

During this morning’s Asian trading session, AUDNZD traded in the 1.10400-1.10700 range. The pair has solid support, and if it holds there, we could see the initiation of a bullish consolidation above today’s high. This gives us enough momentum to stay on the positive side. Potential higher targets are 1.10700 and 1.10800 levels. Last week’s high is another step to 1.10900.

For a bearish option, we need AUDNZD to fall below the daily open level first. After that, we will see the strengthening of bearish pressure on the pair to continue further retreat towards 1.10300, where the EMA 200 moving average awaits us. This time, we expect a breakout below as well as an increase in bearish momentum. Potential lower targets are 1.10200 and 1.10100 levels.

 

The post AUDUSD and AUDNZD: New Weekly Targets and Prices appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
EURUSD and GBPUSD: EURUSD stabilizes before the ECB report
next post
Harris unveils agenda to help Black men ‘get ahead’ as polls show Trump gains

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

  • Nasdaq 100 Future: Market Trends & Nvidia’s Impact

    August 29, 2024
  • Israel set to counter Hezbollah following terror attack: ‘response will be swift, harsh and painful’

    July 29, 2024
  • Plummeting stock, boycotts and flagging sales: What’s fueling turmoil for Tesla?

    March 17, 2025
  • Mike Huckabee confirmed as US ambassador to Israel in bipartisan vote

    April 9, 2025
  • Boeing starts furloughing tens of thousands of employees amid machinist strike

    September 19, 2024

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 (4,723)
  • Investing (624)
  • Stock (773)

Latest Posts

  • Bondi says Epstein client list ‘sitting on my desk right now,’ and is reviewing JFK, MLK files

    February 21, 2025
  • SCOOP: Dems who derailed Al Green censure could be stripped of House committee roles

    March 6, 2025
  • Senate advances Trump’s pick to lead the US Interior, Doug Burgum, to confirmation vote

    January 30, 2025

Recent Posts

  • Pete Hegseth says he had ‘substantive conversation’ with Joni Ernst as Trump signals support

    December 7, 2024
  • Dozens of House lawmakers rally around funding Afghan visa program as Trump vows major spending cuts

    December 24, 2024
  • Ukrainian Offensive Forces Control 1,000 sq km in Kursk

    August 14, 2024

Editor’s Pick

  • Jake Sullivan, Biden discussed possibility of hitting Iran nuclear program: report

    January 3, 2025
  • SCOOP: Trump joins launch of Congressional Women’s Caucus at White House

    March 26, 2025
  • FBI investigating Iran’s hack of Trump campaign documents

    August 13, 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