Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Earthwise Advertising & Investor Awareness Campaign
Commencement of Henbury Field Program
RCM to Acquire Webbs Consol Silver Project from...
Earthwise Advertising & Investor Awareness Campaign
Crypto Market Update: Stablecoins Top US$283 Billion in...
Tech 5: NVIDIA Results Rattle Investors, Trump Signals...
Spirit Airlines files for Chapter 11 bankruptcy protection...
Charbone Hydrogene annonce les resultats financiers T2 2025
Charbone Hydrogen Announces Q2 2025 Financial Results
Earthwise Advertising & Investor Awareness Campaign
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Economy

AUDUSD and AUDNZD: AUDUSD is making new high this morning

by admin September 17, 2024
September 17, 2024
AUDUSD and AUDNZD: AUDUSD is making new high this morning

AUDUSD and AUDNZD: AUDUSD is making new high this morning

  • Today, a new 10-day high was formed for AUDUSD at the 0.67500 level
  • During this morning’s Asian trading session, the AUDNZD rose to the 1.09000 level

AUDUSD chart analysis

Today, a new 10-day high was formed for AUDUSD at the 0.67500 level. The pair made a breakthrough above last week’s high at 0.67330. This strengthened the bullish momentum, and we started to conquer higher levels further. There is a good chance that we will move above 0.67500 today and continue the bullish consolidation. Potential higher targets are 0.67600 and 0.67700 levels. The next high that could be interesting is until September 6 at 0.67674.

For a bearish option, we need a negative consolidation and a drop below the 0.67200 level. With that step, AUDUSD will pull back below the previous high and increase momentum to the bearish side. After that, 0.67000 is a very important support level. We also have the EMA 200 moving average in that zone, which could stop further retreat. Potential lower targets are 0.66900 and 0.66800 levels.

 

AUDNZD chart analysis

During this morning’s Asian trading session, the AUDNZD rose to the 1.09000 level. After the formation of today’s high, the pair retreated to support at 1.08800 support level. There we met the EMA 50 moving average which supported the AUDNZD to return to the bullish side. We are now at 1.08935 and have returned above the daily open price. We expect to continue the recovery to a new weekly high.

Potential higher targets are 1.09100 and 1.09200 levels. For a bearish option, we need a negative consolidation below the 1.08800 level. With that move, we move below the EMA 50 moving average. This will cause the AUDNZD to move lower and try to find new support. Potential lower targets are 1.08700 and 1.08600 levels.

 

The post AUDUSD and AUDNZD: AUDUSD is making new high this morning appeared first on FinanceBrokerage.

previous post
Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
next post
Oil and Natural Gas: Friday brought oil above $70.00

You may also like

ChatGPT for Trading: Tips & Tricks

August 7, 2024

Disney+ Terms Cited to Block Allergy Death Lawsuit

August 16, 2024

Goldman Sachs Kostin Warns of a Potential S&P...

March 15, 2025

Bank of Japan Impact: Yen Weakens, Japan Stocks...

August 14, 2024

Stock Futures Lower after S&P 500 futures ticked...

December 25, 2024

BNGO Stock: BioNano Genomics Analysis and Forecast

August 1, 2024

Bitcoin and Ethereum Analysis: Price Movement & Key...

November 7, 2024

Coca-Cola Stock: New Challenges Amid Market Shifts

August 27, 2024

Top Stock Gainers & Losers: PRCT Stock +32%,...

November 1, 2024

Stock Futures Lower after S&P 500 futures ticked...

December 7, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Earthwise Advertising & Investor Awareness Campaign

      September 1, 2025
    • Commencement of Henbury Field Program

      September 1, 2025
    • RCM to Acquire Webbs Consol Silver Project from Lode Res.

      September 1, 2025
    • Earthwise Advertising & Investor Awareness Campaign

      August 31, 2025
    • Crypto Market Update: Stablecoins Top US$283 Billion in Circulation, Bitcoin Decline Continues

      August 31, 2025
    Promotion Image

    banner ads

    Categories

    • Business (842)
    • Economy (829)
    • Investing (2,730)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.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 smarttradeinsights.com | All Rights Reserved