financetom
Technology
financetom
/
Technology
/
The AUDUSD price achieves intraday gains – Forecast today - 10-05-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The AUDUSD price achieves intraday gains – Forecast today - 10-05-2024
May 9, 2024 9:33 PM

AUDUSD Price Analysis Expected Scenario The AUDUSD price exhibited clear positivity yesterday, testing the 0.6600$ barrier and indicating an attempt to recover on the intraday basis. However, today, the price started with a bearish bias, influenced by stochastic negativity, suggesting a potential resumption of the bearish wave in the upcoming sessions.

The initial targets for the bearish wave start with breaking the 0.6570$ level, paving the way for a decline towards 0.6500$.

Expected Trading Range for Today Between the support at 0.6540$ and the resistance at 0.6640$

Trend Forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Under the Radar - October 29th, 2024
Under the Radar - October 29th, 2024
Nov 3, 2024
You probably never heard of Walter Schloss. Walter passed on to the great market in the sky in 2012 at the age of 95 after a long and, as many would say, unremarkable career on Wall Street. He was never famous. He was not a frequent guest on Wall Street Week and was only mentioned in Barron’s a few times...
Digital lender Nubank to launch telecom mobile service in Brazil
Digital lender Nubank to launch telecom mobile service in Brazil
Nov 3, 2024
SAO PAULO, Oct 29 (Reuters) - Brazilian digital lender Nubank said on Tuesday it will start to offer a mobile phone service to its customers in Brazil in the coming months, expanding its operations beyond financial services. WHY IT'S IMPORTANT Nubank, which is backed by Warren Buffett, is one of the largest digital lenders in the world. It is listed...
TIMELINE-The rise and decline of Intel
TIMELINE-The rise and decline of Intel
Nov 3, 2024
Oct 29 (Reuters) - Intel ( INTC ) CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence. 1968 - Robert Noyce and Gordon Moore found Intel ( INTC ), helping reshape California's Santa Clara Valley from...
The Analyst Landscape: 5 Takes On Agilysys
The Analyst Landscape: 5 Takes On Agilysys
Nov 3, 2024
Across the recent three months, 5 analysts have shared their insights on Agilysys ( AGYS ) , expressing a variety of opinions spanning from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3...
Copyright 2023-2026 - www.financetom.com All Rights Reserved