AUDUSD Daily Analysis – October 20, 2017
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.7732. As long as the price is above the trend line, the upside movement could be expected to continue and...
Tag: AUDUSD
AUDUSD Intra Day Elliott Wave Analysis
AUDUSD Short Term Elliott Wave view suggests that Primary wave ((W)) ended at 0.7731 on October 6th low. Up from there, Primary wave ((X)) is currently unfolding as a double three Elliott Wave structure. Intermediate Wave (W) of...
AUD/USD Forecast October 19, 2017, Technical Analysis
The Australian dollar initially fell during the day on Wednesday, testing the 0.7820 level again as we did on Tuesday. This is an area where buyers are starting to come back into the market at, but I...
AUDUSD Daily Analysis – October 19, 2017
AUDUSD rebounded from 0.7818 after touching the rising trend line on its 4-hour chart, suggesting that the pair remains in the uptrend from 0.7732. Further rise to test 0.7897 resistance could be expected, a breakout of this...
AUDUSD Elliott Wave Analysis 10.18
AUDUSD Elliott Wave structure suggests that the decline to 0.7731 on October 6th low ended Primary wave ((W)). From there, Primary wave ((X)) bounce is unfolding as a double three Elliott Wave structure. Rally to 0.7807 ended Intermediate wave (W)...
AUDUSD Daily Analysis – October 18, 2017
AUDUSD failed to break below the rising trend line on the 4-hour chart, indicating that the pair remains in the uptrend from 0.7732. As long as the price is above the trend line, the upside movement could...
AUDUSD Short Term Elliott Wave Analysis 10.17
AUDUSD Short term Elliott Wave analysis suggests decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at...
AUD/USD Price Forecast October 17, 2017, Technical Analysis
The Australian dollar drifted a slightly lower during the day on Monday, but I believe that there is plenty of support underneath to keep the market afloat. This is especially true close to the 0.78 handle underneath,...
AUDUSD Daily Analysis – October 17, 2017
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7732. As long as the price is above the trend line, the fall from 0.7897 could be treated as consolidation...
AUDUSD Daily Analysis – October 16, 2017
AUDUSD broke above 0.7875 key resistance, indicating that the downtrend from 0.8124 had completed at 0.7732 already. Further rally would likely be seen in the coming days and next target would be at 0.7986. Support is located...