Month: October 2018

EUR/USD The Euro went on falling yesterday. We also need to point out the new resistance level 1.1379, in which the increased volume is concentrated. The previous resistance level 1.1428 also remains actual. Hence, we should give preference to short positions. We can enter the market after the resumption of …

  AUDUSD – 1 Hour Chart   The AUDUSD continues to be indecisive. The moving averages confirm the indecision – they have been crossing frequently and are moving sideways. Trading opportunities may exist around the identified horizontal levels at 0.7025, 0.7055, 0.7115 and 0.7150. The Reserve Bank of Australia (RBA) have held …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has reversed around the horizontal level at 0.7055. The AUDUSD continues to be indecisive and lack trend direction. The moving averages are tight and are moving sideways – confirming the market indecision. Trading opportunities could exist around …

EUR/USD The Euro resumed falling, but the drop was smooth and on the average volume. The resistance level 1.1428 also remains actual, and given the presence of the local downtrend, we still should give advantage to short positions. We can enter the market after the resumption of a sharp sink …

  AUDUSD – 1 Hour Chart   The AUDUSD has been bullish. As identified in Friday’s chart analysis, the bullish move has been finding resistance around the horizontal level at 0.7105. Price continues to be indecisive and lack trend direction. The moving averages confirm the indecision – they have been crossing …

EUR/USD The Уuro sharply adjusted upwards on the increased volume on Friday. However, the price did not break out the volume resistance level 1.1428. Moreover, given the local downtrend, we still should give preference to sales. Short positions can be opened after a stoppage of the price correction and a …

  AUDUSD – 1 Hour Chart   Price has been bearish. The AUDUSD is below a number of key support levels and the moving averages are bearish and steady, all suggesting that price may start down-trending. Selling opportunities could exist around the previous support levels at 0.7040 and 0.7055, around the …

EUR/USD As predicted, the Euro continued its decline yesterday. Moreover, the downward movement was sharp and supported by the large volume. In addition, it is necessary to allocate a new resistance level 1.1428, in which the large volume is concentrated. Thus, we should give preference exactly to short positions with …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has reversed around the horizontal support at 0.7055. Price continues to be indecisive and lack trend momentum. The moving averages have been crossing frequently and are moving sideways – confirming the current indecision. Trading opportunities may …

EUR/USD As predicted, the Euro continued its decline and broke down the previous level of support yesterday. It is worth noting that the fall of the price was supported by the large volume, which only enhances its value and is an excellent bearish signal. Given all these factors, we should …