Month: July 2019

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bearish and move lower. Price is down-trending and is currently in a retrace phase. The moving averages are bearish and steady, signalling that the downtrend may continue. Opportunities to go short …

EUR/USD The Euro slightly corrected upwards yesterday, but is still located near the level of support/local minimum 1.1109. Hence, our previous scenario is still relevant: we may reckon a breakdown of this mark, which will allow us to open short positions. The drop of the pair must be confident, keen …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The AUDUSD is down-trending. The moving averages are bearish and steady, signalling that the downside momentum could continue. Selling opportunities may exist around the dynamic resistance of the …

  AUDUSD – 1 Hour Chart   As suggested in Friday’s chart analysis, the AUDUSD has continued to be bearish and move lower. Price is down-trending. The moving averages are bearish and steady, signalling that the downtrend may continue. If the AUDUSD starts retracing, opportunities to go short could exist …

EUR/USD The Euro has resumed its decline and is now trading near the support/local minimum 1.1109. Given the presence of the strong local downtrend, we can consider a scenario of the breakdown of this mark, which will allow us to open short positions. The breakout movement must be confident, rapid …

EUR/USD After the formation of the new level of support 1.1109, the price sharply corrected upwards. Nevertheless, after the appearance of the strong and large volume at the top of this movement, the price resumed falling. Now the pair is located near this mark. Given the presence of the strong …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price has continued to be bearish and move lower. The AUDUSD is down-trending. The moving averages are bearish and steady, all signalling that the downside momentum could continue. Selling opportunities may exist around the dynamic resistance of …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bearish and is currently finding support around 0.6965. The moving averages are bearish and steady, signalling that the downside momentum may continue. Opportunities to go short could exist around the dynamic …

EUR/USD The Euro continued falling yesterday. Moreover, the movement was supported by the increased volume, which is a great bearish signal. Our previous level of resistance is still actual, it’s 1.1181. Thus, we still should give advantage to short positions. We can enter the market after a smooth upward correction, …

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, price found support around 0.7000. The AUDUSD continues to be indecisive and lack trend momentum. Price action could be forming a large head and should pattern though and the moving averages are bearish and widening, all signalling …