AUDUSD Weekly Analysis – March 25, 2018
AUDUSD stays below a bearish trend line on its daily chart and remains in the downtrend from 0.8135. As long as the price is below the trend line, the downside movement could be expected to continue and...
Tag: AUDUSD
AUD/USD Price Forecast March 23, 2018, Technical Analysis
The Australian dollar had a rough trading session on Thursday, reaching down towards the 0.77 level. There is a significant amount of noise in this area though, and I think that it could cause a bit of...
AUD/USD Price Forecast March 21, 2018, Technical Analysis
The Australian dollar has initially fell during the trading session on Tuesday, but you can see is starting to bounce a bit on the chart. I think that the 0.77 level is going to continue to be...
AUDUSD Daily Analysis – March 21, 2018
AUDUSD extended its downside movement from 0.7916 to as low as 0.7678. Near term resistance is at 0.7725. As long as this level holds, the downside movement could be expected to continue and next target would be...
AUDUSD Daily Analysis – March 20, 2018
AUDUSD remains in the downtrend from 0.7916. Further decline could be expected in a couple of days and next target would be at 0.7600 area. Near term resistance is at 0.7745, only a breakout of this level...
AUDUSD Countertrend Play (Mar 19, 2018)
AUDUSD has been trending lower and moving inside a descending channel on its 1-hour time frame. Price bounced off the resistance and is setting its sights on the channel support around the .7650 minor psychological level. The...
AUDUSD Daily Analysis – March 19, 2018
AUDUSD extended its downside movement from 0.7916 to as low as 0.7698, breaking below 0.7712 support. Further decline could be expected after a minor consolidation and next target would be at 0.7600 area. Near term resistance is...
AUDUSD Weekly Analysis – March 18, 2018
AUDUSD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. Further decline could be expected in a couple of weeks and next target would be at 0.7500 area. Key resistance is located at the...
AUD/USD Price Forecast March 16, 2018, Technical Analysis
The Australian dollar has fallen a bit during the trading session on Thursday, as the stock markets and gold markets continue to be very noisy. There are a lot of geopolitical concerns right now, and quite frankly...
AUDUSD Daily Analysis – March 16, 2018
AUDUSD broke below the bullish trend line on the 4-hour chart and extended its downside movement from 0.7916 to as low as 0.7770. Further decline could be expected after a minor consolidation and next target would be...