AUDUSD:
The AUDUSD pair has seen some volatility in recent weeks, with a general bearish outlook being reported. However, notable support levels are being monitored closely, potentially indicating a bounce back.
Weekly Target: The target for the week is 0.7380, a level which is seen as a significant resistance level. Should the AUDUSD exceed this level, it could further propel the pair towards the 0.7400 and 0.7450 regions.
Current Price: As of the last trading session, the AUDUSD is hovering around the 0.7300 level. Despite fluctuations, analysts suggest the pair may increase in value and surpass the target level if positive market conditions persist.
AUDNZD:
The AUDNZD pair is showing potential for bullish momentum, but the market uncertainty has created some resistance.
Weekly Target: Analysts have set a weekly target of 1.0430 for the AUDNZD pair. Given the current market conditions and calculations, it is likely the AUDNZD will hit this target by week’s end, provided there are no significant global market disruptions.
Current Price: At the time of writing, the AUDNZD is trading around the 1.0400 level. It has been a mixed bag of performance for the pair, however, some analysts are bullish about the pair hitting the weekly target, assuming market conditions remain favourable.
Please note that these predictions are based on current market analysis and understanding. The actual movement in currency prices can vary due to numerous factors including economic indicators, geopolitical events, and market sentiment. Therefore, it is always recommended to use stop loss orders and monitor market conditions regularly. Always consult with a financial advisor before making financial decisions.