AUDUSD Daily Analysis – June 23, 2017
AUDUSD’s fall from 0.7635 extended to as low as 0.7535 and is now facing 0.7519 support. If this level gives way, the pair will find the next support level at around 0.7450. Near term resistance is at...
Tag: AUDUSD
AUD/USD Forecast June 22, 2017, Technical Analysis
The Australian dollar fell initially during the day on Wednesday, reaching towards the 0.7550 level underneath, finding a significant amount of support. We bounced from there, but then found a significant amount of resistance at the 0.7575...
AUDUSD Daily Analysis – June 22, 2017
AUDUSD is facing the key support at 0.7519. A breakdown below this level will confirm that the uptrend from 0.7371 had completed at 0.7635 already, then the pair will find support at around 0.7450 zone. Near term...
AUD/USD Forecast June 21, 2017, Technical Analysis
The Australian dollar tried to rally during the day, and then turned around to sell off rather drastically. Because of this, the 0.7575 level was tested, and I think that is a massive amount of support. A...
AUDUSD Daily Analysis – June 21, 2017
AUDUSD remains in the uptrend from 0.7371, the pullback from 0.7635 is likely consolidation of the uptrend. Key support is at 0.7519, as long as this level holds, the uptrend could be expected to resume and further...
AUD/USD Forecast June 20, 2017, Technical Analysis
The Australian dollar fell slightly during the day on Monday, reaching towards the 0.76 level, and finding buyers underneath. I think that the slight bounce that showed signs of weakness shows that the market is probably going...
AUDUSD Daily Analysis – June 20, 2017
AUDUSD is forming a sideways movement in a range between 0.7567 and 0.7635. Near term support is at 0.7567, as long as this level holds, the uptrend from 0.7371 could be expected to continue and further rise...
AUDUSD Daily Analysis – June 19, 2017
AUDUSD is facing 0.7635 resistance, a break of this level will signal resumption of the uptrend from 0.7371, then the following bullish movement could bring price into 0.7700 zone. Support levels are at 0.7565 and 0.7519, only...
AUDUSD Weekly Analysis – June 17, 2017
AUDUSD continued its upside movement from 0.7328 and the rise extended to as high as 0.7635. The uptrend could be expected to continue and next target would be at 0.8000 area. Near term support is at 0.7500,...
AUD/USD Forecast June 19, 2017, Technical Analysis
The Australian dollar shut higher initially during the day on Friday, but then pulled back to test the opening again, only to rally and reach towards the 0.7625 handle. We found a bit of resistance there, so...