AUD/USD Bullish Momentum: 0.971% Up In The Last 24 Hours

(VIANEWS) – AUD/USD (AUDUSD) has been up by 0.9707% for the last session’s close. At 12:06 EST on Thursday, 8 August, AUD/USD (AUDUSD) is $0.66.

AUD/USD (AUDUSD) Range

Concerning AUD/USD’s daily highs and lows, it’s 1.09% up from its trailing 24 hours low of $0.65 and 0.981% up from its trailing 24 hours high of $0.65.

AUD/USD’s yearly highs and lows, it’s 5.022% up from its 52-week low and 7.121% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD’s Forex is considered to be oversold (<=20).

Previous days news about AUD/USD (AUDUSD)

  • Aud/usd surrenders major part of hawkish rba-inspired gains, back around 0.6500 mark. According to FXStreet on Tuesday, 6 August, "Apart from this, a goodish pickup in the US Dollar (USD) demand, bolstered by a solid bounce in the US Treasury bond yields, further contributes to capping the upside for the AUD/USD pair. ", "This, along with a positive turnaround across the global equity markets, offered some support to the AUD/USD pair."
  • Aud/usd edges higher to near 0.6500 in the aftermath of RBA policy meeting. According to FXStreet on Tuesday, 6 August, "The AUD/USD pair gains slightly to near the psychological figure of 0.6500 in Tuesday’s New York session. "
  • Aud/usd attracts some buyers near 0.6550 amid rba’s hawkish stance, bigger fed rate cut bets. According to FXStreet on Wednesday, 7 August, "The AUD/USD pair extends the recovery near 0.6545 on Wednesday during the early European trading hours. "

More news about AUD/USD (AUDUSD).

Leave a Reply

Your email address will not be published. Required fields are marked *