(VIANEWS) – AUD/USD (AUDUSD) is currently on bearish momentum. At 06:07 EST on Wednesday, 21 July, AUD/USD (AUDUSD) is at 0.7312, 2.74% down since the last session’s close.
AUD/USD (AUDUSD) Range
Concerning AUD/USD’s daily highs and lows, it’s 0.246% down from its trailing 30 days low of $0.73 and 3.789% down from its trailing 30 days high of $0.76.
AUD/USD’s yearly highs and lows, it’s 4.562% up from its 52-week low and 10.916% down from its 52-week high.
AUD/USD’s last week, last month’s, and last quarter’s current volatility was a negative 0.39%, a negative 0.06%, and a positive 0.67%, respectively.
AUD/USD’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.63% (last week), 0.58% (last month), and 0.67% (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 overbought (>=80).
Last news about AUD/USD (AUDUSD)
Aud/usd trades deep in the red near 0.7350 as focus shifts to wall street. According to FXStreet on Monday, 19 July, “Economists at Credit Suisse think that AUD/USD could continue to fall toward 0.7200.”, “The AUD/USD pair closed the last two trading days of the previous week in the negative territory and started the new week under bearish pressure. ”
Aud/usd bounces off fresh eight-month low near 0.7300 amid mixed clues. According to FXStreet on Tuesday, 20 July, “Amid all these plays, stock futures print mild gains but Asia-Pacific shares remain offered and keep AUD/USD sellers hopeful. ”
Aud/usd: bears keep 0.7300 on radar following no news from RBA minutes, PBOC. According to FXStreet on Tuesday, 20 July, “Having witnessed the initial reaction, actually no major reaction, to the RBA Minutes and PBOC Interest Rate Decision, AUD/USD traders will keep their eyes on the covid updates and other risk-related headlines for fresh direction. “, “Following the events, AUD/USD bounced off 0.7332 but couldn’t overcome the bearish bias amid the covid woes.”
Aud/usd forex signal: more weakness amid new covid wave – 19 July 2021. According to DailyForex on Monday, 19 July, “The AUD/USD pair retreated to the lowest level since December last year as Australia continued seeing a new wave of coronavirus. ”
Aud/usd renews multi-month lows, closes in on 0.7300. According to FXStreet on Tuesday, 20 July, “The AUD/USD pair edged lower during the Asian session before going into a consolidation phase around 0.7330 during the European trading hours. ”
News about EUR/USD
Eur/usd challenges 3-month lows near 1.1770. According to FXStreet on Monday, 19 July, “The selling pressure around the European currency remains unabated for yet another session and now forces EUR/USD to shed further ground and record new 3-month lows in the 1.1765/60 band.”, “The resumption of the downside in EUR/USD now flirts with the key 2020-2021 support line in the 1.1770/80 band. ”
Eur/usd rebounds from monthly lows toward 1.1825. According to FXStreet on Monday, 19 July, “The EUR/USD rebounded sharply from its lowest level since April, below 1.1770, and printed a fresh daily high at 1.1825. ”
Eur/usd sellers flirt with 1.1800 as risk aversion backs USD bulls. According to FXStreet on Monday, 19 July, “Although a sustained trading below 200-DMA, around 1.2000, keeps EUR/USD sellers hopeful, the monthly low near 1.1770 and a one-month-old descending support line around 1.1700 challenge the pair’s further downside.”, “It’s worth noting that the gradually firming up US-China tussles also drown the EUR/USD prices. ”
Eur/usd price analysis: prints falling wedge around key support line near 1.1800. According to FXStreet on Monday, 19 July, “In a case where the EUR/USD bears keep the reins past 1.1700, the November 2020 lows near 1.1600 will be in the spotlight.”, “If at all the EUR/USD up-moves remain intact beyond 1.2008, lows marked in May and early June around 1.2050 and 1.2100 should return to the chart.”
More news about AUD/USD (AUDUSD).