Month: January 2020

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, AUDUSD has been finding resistance around the shorter-term moving average. Price is currently in a retrace phase after a strong bearish move and is also ranging between 0.6855 and 0.6880. The moving averages are bearish and steady, …

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

  AUDUSD – 1 Hour Chart   As suggested in yesterday’s chart analysis, AUDUSD continues to be bearish and has found support around 0.6895. The moving averages continue to be bearish and widening, signalling that the downside momentum may continue. Opportunities to go short could exist around the dynamic resistance …

  AUDUSD – 1 Hour Chart   Price has been up-trending but after a recent strong bearish move AUDUSD is looking indecisive. The moving averages are bearish and widening, suggesting that price could continue to be bearish and move lower. Trading opportunities may exist around the bearish moving averages and …

This week will be a busy week for traders, make sure you are up to date! Time Currency Releases Previous Forecast 5th January 2020 1815UTC CAD BoC Wilkins Speech 6th January 2020 1000UTC EUR PPI YoY NOV -1.9% -2.3% 1330UTC CAD PPI YoY NOV -1.3% -0.5% 1445UTC USD Markit Services …

  Bitcoin (BTCUSD)   As suggested in our last Bitcoin chart analysis, Bitcoin reversed around the shorter-term moving average and has moved lower. Price action has formed a series of lower swing highs and swing lows – BTCUSD is down-trending. Price action has also formed a bearish channel. The moving …

2020 could provide some fantastic trading opportunities for day, swing and position traders. Our analysis below highlights some of these opportunities in the Forex markets…   AUD Pairs – Weekly Charts    Most AUD pairs are down-trending longer-term. Most have formed clear weekly bearish channels. Moving averages are bearish and …