AUD/USD Bullish Momentum: 0.95% Up In The Last 10 Sessions

(VIANEWS) – AUD/USD (AUDUSD) has been up by 0.95% for the last 10 sessions. At 17:06 EST on Tuesday, 30 April, AUD/USD (AUDUSD) is $0.65.

AUD/USD’s yearly highs and lows, it’s 3.348% up from its 52-week low and 8.601% down from its 52-week high.

Volatility

AUD/USD’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.32%, a negative 0.03%, and a positive 0.41%, respectively.

AUD/USD’s highest amplitude of average volatility was 0.32% (last week), 0.44% (last month), and 0.41% (last quarter), respectively.

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 gains momentum above 0.6500 ahead of Australian retail sales data. According to FXStreet on Sunday, 28 April, "The AUD/USD pair trades in positive territory for six consecutive daysaround0.6535 during the early Asian session on Monday.", "The hawkish stance of the RBA boosts the Australian Dollar (AUD) and creates a tailwind for the AUD/USD pair."
  • Aud/usd price analysis: uptrend extends. According to FXStreet on Monday, 29 April, "A decisive break would be one in which AUD/USD formed a long red bearish candlestick on the 4-hr chart that pierced below the channel line and closed near its low, or three consecutive red candles in a row that also broke below the channel line."
  • Aud/usd holds steadily as traders anticipate Australian retail sales, fed’s decision. According to FXStreet on Monday, 29 April, "As Tuesday’s Asian session begins, the AUD/USD trades at 0.6564, virtually unchanged.", "The AUD/USD is neutrally biased, but it could shift to neutral upwards if buyers reclaim the 100-DMA at 0.6584, followed by the latest cycle high seen at 0.6644, the April 9 high. "

More news about AUD/USD (AUDUSD).

Leave a Reply

Your email address will not be published.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