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AUD/USD Bearish Momentum: 0.791% Down In The Last 24 Hours

ViaNews Editorial Team

January 2, 2024

AUD/USD Bearish Momentum: 0.791% Down In The Last 24 Hours

(VIANEWS) - AUD/USD (AUDUSD) has been up by 0.791% for the last session's close. At 15:06 EST on Tuesday, 2 January, AUD/USD (AUDUSD) is $0.68.

Aud/usd forex signal: stuck in a range as China woes mount - 02 January 2024

The AUD/USD price has been in a strong uptrend in the past few months, helped by the retreating US dollar. , Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the AUD/USD pair and set a take-profit at 0.6870.

AUD/USD (AUDUSD) Range

Concerning AUD/USD's daily highs and lows, it's 0.778% down from its trailing 24 hours low of $0.68 and 0.792% down from its trailing 24 hours high of $0.68.

AUD/USD's yearly highs and lows, it's 7.797% up from its 52-week low and 5.52% 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 overbought (>=80).

Previous days news about AUD/USD (AUDUSD)

  • Aud/usd hovers around the 0.6800 mark in the first trading day of 2024, US PMI data eyed. According to FXStreet on Monday, 1 January, "The AUD/USD pair drifts lower on the first trading day in 2024 during the early Asian session on Tuesday. ", "This, in turn, exerts some selling pressure on the US Dollar (USD) and acts as a tailwind for the AUD/USD pair. "

More news about AUD/USD (AUDUSD).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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AUD/USD Bearish Momentum: 0.791% Down In The Last 24 Hours | Via News