Tag: GBPUSD

AUDUSD – 1 Hour Chart The AUDUSD has moved higher as suggested in Friday’s chart analysis. Price gaped over the weekend and has found support at the resistance level of 0.7420, which was also identified in Friday’s chart analysis. If the AUDUSD pulls back to the 0.7420 area before it moves higher, there …

AUDUSD – 1 Hour Chart The AUDUSD continues to retrace after the recent bullish swing high. The moving averages are currently tightening and it looks like we may see a bullish moving average cross in today’s trading sessions – suggesting that bearish momentum is weakening and buying power is strengthening. If the AUDUSD …

AUDUSD 1 Hour Chart The AUDUSD has moved higher after being in a retracement phase after a major swing higher. Price has found support at the long-term trend support line – this could be the start of a rally that may attempt a swing higher. The bearish moving averages are also tightening and we could soon …

AUDUSD – 1 Hour Chart The AUDUSD has been in a retracement phase after a major swing higher. Price has found support at the long-term trend support line (identified in yesterday’s analysis), this could be the start of a rally that may attempt to swing higher. The bearish moving averages are also tightening, …

AUDUSD – 1 Hour Chart The AUDUSD is in a retracement phase after the major swing higher. Price is currently consolidating and forming a tightening sideways consolidation pattern. If price breaks to the upside of this consolidation, this could possibly mark the end of the retracement and price may start a rally and …

AUDUSD – 1 Hour Chart The AUDUSD is in a retracement phase after the major swing higher. The recent bearish moving average cross could indicate that we may still move lower before attempting a move higher. Possible buying opportunities exist at the 50% fib retracement level (0.7350), this is also …