Tag: AUDUSD

*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 …

AUDUSD As suggested in yesterday’s chart analysis, price has been reversing off the support and resistance areas of the horizontal channel. AUDUSD continues to be indecisive and move within a tight horizontal channel at 0.6845-0.6890. The moving averages are tight and moving sideways – confirming the market indecision. Price is …

AUDUSD As suggested in Friday’s chart analysis. the AUDUSD continues to be indecisive and lack trend direction. Price is moving sideways and has formed a tight horizontal channel at 0.6845-0.6890. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. The AUDUSD is …

AUDUSD As suggested in yesterday’s chart analysis, price continues to be indecisive. AUDUSD is lacking trend direction. The moving averages have been crossing frequently and are moving sideways – confirming the current indecision. Price is also looking indecisive on higher time-frames, giving no clear indication of future trend direction. Trading …

AUDUSD The AUDUSD has been bearish but overall continues to be indecisive and move sidways. Price is lacking trend direction and momentum. The moving averages have been crossing frequently and are moving sideways – confirming the market indecision. Trading opportunities could exist around the moving averages and around the horizontal …

AUDUSD As suggested in yesterday’s chart analysis, price found resistance around the horizontal level at 0.6975. AUDUSD continues to be indecisive and lack trend direction. The moving averages are currently bullish though, suggesting that price could move higher. Trading opportunities may exist around any of the identified horizontal levels at …

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD continues to be indecisive. Price is clearly lacking trend momentum and is moving sideways. The moving averages are also moving sideways and are crossing frequently – confirming the market indecision. The AUDUSD is down-trending on higher time-frames, suggesting that price may …

AUDUSD As suggested in Friday’s chart analysis, price reversed around 0.6915 and has been bearish. AUDUSD continues to be indecisive but have some downward direction. The moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Price action has formed a diagonal resistance and …

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD reversed around the tight range support area at 0.6845. Price continues to be indecisive and range between 0.6845-0.6910 and also 0.6785-0.6975. The moving averages confirm the market indecision – they are tight and crossing frequently. The AUDUSD has formed some lower …

AUDUSD As suggested in yesterday’s chart analysis, price is indecisive and has been moving sideways. AUDUSD is still indecisive. The moving averages confirm the indecision – they are tight and also moving sideways. Price is ranging between 0.6845 and 0.6910 but could also start ranging between 0.6785 and 0.6975. AUDUSD …