Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

 

The AUD/USD is trading bullish at a 0.7190 level, crossing over 50 EMA resistance levels of 0.7180. On the higher side, the AUD/USD pair may soar until 0.7216 level. The 50 EMA is now working as s support, but the question is, what trade should we take now? Well, check out the AUD/USD analysis video to learn more about it.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Qualcomm Inc. share price up, agrees to buy U.K. chipmaker CSR PlcQualcomm Inc. share price up, agrees to buy U.K. chipmaker CSR Plc Qualcomm Inc. agreed to buy the UK bluetooth specialist CSR, as the U.S. wireless-technology group aims to expand into the fast growing Internet-of-Things industry.Qualcomm reported that CSRs board has accepted a cash offer of 900 pence a […]
  • Euro slipped from 3.5-month high versus the US dollarEuro slipped from 3.5-month high versus the US dollar On Wednesday euro climbed to 3.5-month high against the US dollar at 1.3335, followed by a slip to 1.3285 during European afternoon trade. The pair was 0.21% down for the day.Euro came under pressure as peripheral euro zone bond yields […]
  • Commodities trading outlook: gold, silver and copper futuresCommodities trading outlook: gold, silver and copper futures Gold and silver futures traded higher after the US revealed new payrolls were not better than expected. Previously, precious metals gained yesterday, as the ECB unveiled plans to stimulate the economy. Meanwhile, copper futures were lower amid […]
  • Google hit by ad pricing and Motorola salesGoogle hit by ad pricing and Motorola sales Google’s stock fell about 1% at close and falling 5% in after-hours trading as it missed Wall Street forecasts for both revenues and earnings, as ad pricing came under renewed pressure from the shift to mobile and Motorola segment […]
  • Forex Market: AUD/USD daily trading forecastForex Market: AUD/USD daily trading forecast Friday’s trade saw AUD/USD within the range of 0.8676-0.8788. The pair closed at 0.8683, losing 1.14% on a daily basis.At 7:03 GMT today AUD/USD was up 0.27% for the day to trade at 0.8710. The pair touched a daily high at 0.8750 at 2:25 […]
  • GM’s revamped pick-ups exceed sale expectationsGM’s revamped pick-ups exceed sale expectations General Motors Co, is introducing its first redesigned pickups since 2006, and can’t keep up with outstanding demand of the most popular versions of its new Chevrolet Silverado and GMC Sierra, according to three people familiar with the […]