AUDUSD Daily Analysis – February 7, 2018
AUDUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.8135. As long as the price is in the channel, the bounce from 0.7835 could be treated as consolidation of...
Tag: AUDUSD
AUDUSD Daily Analysis – February 6, 2018
AUDUSD extended its downside movement from 0.8135 to as low as 0.7855. Further decline is still possible after a minor consolidation and next target would be at 0.7800 area. Resistance is at 0.7955, only break above this...
AUDUSD Daily Analysis – February 5, 2018
AUDUSD broke below 0.7956 support, confirming that the upside movement from 0.7501 had completed at 0.8135 already. Further decline could be expected after a minor consolidation and next target would be at 0.7800 area. Near term resistance...
AUDUSD Weekly Analysis – February 4, 2018
AUDUSD dropped sharply from 0.8135 after breaking above 0.8124 resistance, suggesting that the upside movement from 0.7501 is complete. Further decline could be expected after consolidation and next target would be at 0.7800, followed by 0.7650. Resistance...
AUDUSD Daily Analysis – February 2, 2018
AUDUSD broke below the bullish trend line on the 4-hour chart. Deeper decline to test 0.7956 support is possible in the coming days. A breakdown below this level will confirm that the uptrend from 0.7501 (Dec 8,...
AUDUSD Ascending Channel (Feb 01, 2018)
AUDUSD continues to trend higher inside its ascending channel pattern on the 4-hour time frame. Price is currently testing the channel support and might be due for a bounce to the top. The 100 SMA is above...
AUDUSD Daily Analysis – February 1, 2018
AUDUSD is facing the support of the rising trend line on its 4-hour chart. As long as the trend line support holds, the fall from 0.8135 could be treated as consolidation of the uptrend from 0.7501 and...
AUDUSD Daily Analysis – January 30, 2018
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the trend line support holds, the fall from 0.8135 could be treated as consolidation of the...
AUDUSD Daily Analysis – January 29, 2018
AUDUSD’s upside movement from 0.7501 extended to as high as 0.8135. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and a breakout...
AUDUSD Weekly Analysis – January 28, 2018
AUDUSD extended its upside movement from 0.7501 to as high as 0.8135, breaking above 0.8124 resistance. Further rise is still possible after a minor consolidation and next target would be at 0.8250 area. The key support is...