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MarketFX

AUD/USD Slides By 2% In The Last 10 Sessions

ViaNews Editorial Team

October 8, 2024

AUD/USD Slides By 2% In The Last 10 Sessions

(VIANEWS) - AUD/USD (AUDUSD) has been up by 2.23% for the last 10 sessions. At 18:08 EST on Tuesday, 8 October, AUD/USD (AUDUSD) is $0.67.

AUD/USD's yearly highs and lows, it's 7.557% up from its 52-week low and 4.879% 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 holds above 0.6800 despite stronger US dollar, eyes on RBA minutes. According to FXStreet on Sunday, 6 October, "The AUD/USD pair recovers some lost ground to near 0.6805, snapping the two-day losing streak during the early Asian session on Monday. "
  • Aud/usd price forecast: defends 50% fibo., bulls seem non committed above 0.6800. According to FXStreet on Monday, 7 October, "The AUD/USD pair kicks off the new week on a positive note, snapping a two-day losing streak and stalling its recent pullback from the highest level since February 2023 touched last Monday. ", "level is likely to act as an immediate hurdle, above which the AUD/USD pair could accelerate the positive move towards the 0.6865-0.6870 region."
  • Aud/usd falls back below 0.6800 as US job data wipes out fed large rate cut bets. According to FXStreet on Monday, 7 October, "The AUD/USD pair retreats after a short-lived pullback move slightly above the crucial resistance of 0.6800 in Monday's European session. "

More news about AUD/USD (AUDUSD).

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MarketFX

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ForexForeign Exchange MarketCurrenciesAUDUSDAUD/USDPrice DownFOREX Price DownForex Now
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.