Tag: AUDJPY

*To view the original Forex Update 2020 analysis and post, please click here* AUD Pairs – Weekly Charts  AUD pairs continue to downtrend. There have been some short-term shorting opportunities around resistance levels identified in our last 2020 analysis. Most AUD pairs are in a bullish retrace move. Moving averages …

AUDJPY Daily & 4 Hour Charts As suggested in our last JPY chart analysis, price found resistance around 70.30. AUDJPY has since been bullish though and has swung higher. Price has closed above a recent swing high on the daily time-frame, suggesting that the recent downtrend has come to an end. …

AUDCAD – Daily and 4 Hour Charts As suggested in our last AUD chart analysis, the AUDCAD found resistance around 0.9145. Price has since been bullish though and has swung above the resistance area. AUDCAD is above a key resistance area and is forming a higher swing high, suggesting that …

AUDJPY Daily & 4 Hour Charts As suggested in our last AUD chart analysis, price closed below the range support area and has since been bearish. The AUDJPY is now clearly down-trending on the daily chart – price action has formed a series of lower swing lows and lower swing …

AUDCAD – Daily and 4 Hour Charts As suggested in our last AUD chart analysis, price has been bearish and has swung lower. The daily chart continues to show a clear downtrend – price action is forming lower swing lows and lower swing highs. AUDCAD is currently in a retrace …

  AUDCAD – Daily and 4 Hour Charts   Price has been moving sideways on the daily time-frame. The moving averages have also been moving sideways and are tightening – confirming the current indecision. AUDCAD has formed a clear horizontal channel at 0.8845-0.9145. On the 4 hour chart, price has …

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 …

  Weekly support and resistance zones (horizontal levels, trend lines, channels, etc) can provide great trading opportunities on the lower time-frames. They can also be used for setting stop loss and take profit areas. Below are key support and resistance zones to look out for during the remainder of 2019 …