AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD reversed around the shorter-term moving average. Price has been up-trending and is currently in a retrace phase. The moving averages are tightening and are about to cross bearish, signalling that upside momentum is weakening – …
Posted ByJane G
Category Analysis Aside
What do you want, really? What is your dream? But does it matter if it can’t support our life financially? It is a bitter pill to swallow but it is also the biggest reason why most of the people are stuck in the ‘rat race’, sitting in the office from …
AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, price has been finding support around the longer-term moving averages and the 50.0% Fib level. AUDUSD is up-trending and is currently in a retrace move. The moving averages are bullish and steady, signalling that price may attempt …
Posted ByJane G
Category Daily FX Analysis
This week is an eventful week for Forex traders. Pay full attention! Time Currency Releases Previous Forecast 17th December 2019 0030UTC AUD RBA Meeting Minutes 0930UTC GBP Unemployment Rate OCT 3.8% 3.7% 1000UTC EUR Balance of Trade OCT €18.7B €15.4B 2350UTC JPY Balance of Trade NOV ¥15.7B ¥-620B 18th December …
Posted BySamuel Morton
Category Daily FX Analysis
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has continued to move higher and be bullish. Price is up-trending. The moving averages are bullish and widening, signalling that the uptrend could continue. If the AUDUSD starts retracing, buying opportunities may exist around any …
AUDUSD – 1 Hour Chart Price has been bullish and has swung higher. AUDUSD is above the recent bearish channel and a number of resistance levels, all suggesting that price may start up-trending. Opportunities to go long could exist around the moving averages, around the trend support area …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has reversed around the horizontal level at 0.6800. Price is below the recent consolidation area and price action has formed a bearish channel, all suggesting that the AUDUSD could start down-trending. The moving averages confirm …
AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, price has been finding support around 0.6815. The AUDUSD continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and moving sideways. Price continues to range between 0.6815 …
AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, AUDUSD reversed around the horizontal level at 0.6855. Price continues to be indecisive and lack trend direction. The moving averages confirm the market indecision – they are tight and moving sideways. AUDUSD is currently ranging between 0.6815 …
Posted ByJane G
Category Daily FX Analysis
The UK general election will be held on this coming Thursday (12/12/2019). Traders are advised to keep an eye on the GBP as it will be extremely sensitive to the election outcome. Time Currency Releases Previous Forecast 8th December 2019 2350UTC JPY GDP Growth Rate QoQ Final Q3 0.4% 0.1% …