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Amid Weaker Greenback, AUDUSD Registers Short-Covering Rebound

AUDUSD Price Analysis – March 25 Early in the session on Thursday, the AUDUSD pair recovered after plunging to lows of $0.7578 level, however on a short-covering rebound on the pair is erasing much of the overnight losses after hitting its lowest since early February. Key LevelsResistance levels: $0.7800, $0.7725, $0.7650Support Levels: $0.7557, $0.7461, $0.7414AUDUSD […]

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USD/CAD Rallies but Reaches the Overbought Region, May Face Rejection at Level 1.2610

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD pair is presently making an upward move. The price has broken above the 21-day SMA. If it breaks the 50-day SMA and the bullish momentum is sustained, the uptrend will continue. The selling pressure will resume if price fails […]

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