Month: April 2019

  AUDUSD – 1 Hour Chart   The AUDUSD moved below the symmetrical triangle pattern and has since been bullish. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading opportunities could exist around …

EUR/USD The Euro continued falling, but the movement was on the average volume, therefore, we can’t point out any new volume levels or zones. However, given the presence of the strong downward, we still should prefer a scenario of opening short positions. We can enter the market after the continuation …

  AUDUSD – 1 Hour Chart   Price continues to be indecisive. The AUDUSD is consolidating within a large symmetrical triangle and is moving sideways. Trading opportunities may exist around the support and resistance areas of the symmetrical triangle and if price moves out of the triangle (break-out trade). Trading opportunities …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD was finding resistance around the longer-term moving average and the horizontal level at 0.7100. Price has since been bullish. The AUDUSD continues to look indecisive and lack trend momentum. The moving averages confirm the market indecision …

EUR/USD The Euro continued its decline, but the movement was on the average volume, which was evenly distributed throughout the entire chart, so we cannot single out any new level or zone. Nevertheless, given the strong decline, we still should give preference to short positions. Sales can be opened after …