Tag: AUDUSD

AUDUSD As suggested in Friday’s chart analysis, price reversed around the range resistance area. The AUDUSD continues to be indecisive and range between 0.7265-0.7340. The moving averages are tight and moving sideways, confirming the current indecision. Trading opportunities may exist around the support and resistance areas of the range and …

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has been finding resistance around the previous trend support area. Price continues to be indecisive and lack trend direction. The moving averages are tight and are moving sideways – confirming the market indecision. AUDUSD is ranging between 0.7265 and 0.7340. Trading opportunities …

AUDUSD As suggested in yesterday’s chart analysis, price has reversed around 0.7250. The AUDUSD was up-trending but the current retrace move has swung below the trend support area, signalling that upside momentum could be weakening. The moving averages confirm this – they are tightening and are moving sideways. Trading opportunities …

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has reversed around the bullish channel support area and the moving averages. Price is up-trending within a bullish channel. AUDUSD is currently in a retrace phase. The moving averages are bullish and steady, signalling that the upside direction may continue. Buying opportunities …

AUDUSD Price has been bullish. The AUDUSD is the recent consolidation area and has formed a short series of higher swing lows, suggesting that price could start up-trending. The moving averages confirm the potential upside – they are bullish and steady. Price action has formed a potential bullish channel. Opportunities …

AUDUSD As suggested in Friday’s chart analysis, AUDUSD has become indecisive and has been moving sideways. Price is lacking trend momentum. The moving averages confirm the current indecision – they are tight and are moving sideways. AUDUSD is ranging between 0.7200 and 0.7315. Trading opportunities could exist around the support …

AUDUSD As suggested in yesterday’s chart analysis, price has reversed around the previous bearish channel resistance area. The AUDUSD was down-trending but is now looking indecisive. The moving averages are tight and moving sideways, confirming the market indecision. Trading opportunities may exist around the previous bearish channel resistance area, around …

AUDUSD Price has been bearish. The AUDUSD has formed a series of lower swing lows and lower swing highs – price is down-trending. Price action has formed a bearish channel and the moving averages are bearish and steady, all signalling that the downtrend could continue. Opportunities to go short may …

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD is currently finding resistance around the longer-term moving average and 0.7295. Price continues to be indecisive. The moving averages confirm the market indecision – they are tight and moving sideways. Trading opportunities could exist around the moving averages and around any of …

AUDUSD As suggested in Friday’s chart analysis, price has reversed around the 61.8% Fib level. The AUDUSD is up-trending and is currently in a large retrace move. Price has found support around the 61.8% Fib level and is currently moving within a tight range at 0.7240-0.7295. The moving averages are …