OctaFX | OctaFX Forex Broker
سائن ان کریں
اکاؤنٹ کھولیں
Back

Forex: AUD/USD still hovering above 1.0300

Weighed by the risk off environment, the Aussie extended its weakness into a second day on Wednesday, piercing the 1.0300 mark to hit a low of 1.0295 before finding support.

AUD/USD managed to bounce back above the 1.0300 level, and the 200-day SMA around 1.0310, but lacked momentum to extend its recovery beyond the 1.0330 area, and has spent the last hours consolidating just below.

At time of writing, AUD/USD is quoting around 1.0315, still down 0.7% on the day. On the downside, immediate supports are seen at 1.0295 (session low), 1.0260 (low Oct 24) and 1.0235 (low Oct 23). Meanwhile, resistances could be found at 1.0330, 1.0345 (low Dec 26) and 1.0360 (intraday level).

Forex: EUR/USD muted around 1.3510/15

The single currency extends its congestion pattern around 1.3510/15, as we are entering the last part of the NA session on Wednesday...
مزید پڑھیں Previous

Forex Flash: Investors try to guess the ECB bias on euro - UBS

The hot event of the week is the ECB press conference and investors try to guess, what ECB President will say on the recent appreciation of the euro. "He will give either a neutral or negative statement on the euro strength", says the UBS analyst team.
مزید پڑھیں Next
لائیو چیٹ شروع کریں