Tag: USDJPY

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD found resistance around 0.6950. Price has been clearly up-trending and is currently in a retrace phase (as also suggested in yesterday’s chart analysis). The moving averages are bullish and steady, suggesting that the uptrend could continue. The AUDUSD is down-trending on …

AUDUSD As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. AUDUSD is clearly up-trending and has been bullish. The moving averages are bullish and steady, signalling that the uptrend may continue. Price is looking over-extended on higher time-frames, suggesting that a retrace move may …

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has continued to be bullish and move higher. Price has swung above the recent bullish channel resistance area, indicating the strength of the current upside momentum. The moving averages are bullish and widening, suggesting that the trend could continue. Opportunities to …

AUDUSD As suggested in Friday’s chart analysis, price has been bullish and has swung higher. AUDUSD is clearly up-trending – price action has formed a series of higher swing highs and higher swing lows. AUDUSD is up-trending within a clear bullish channel. The moving averages are bullish and steady, suggesting …

AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has been bullish. Price continues to uptrend within a large bullish channel. The moving averages are bullish but are starting to tighten, suggesting that upside momentum could be weakening. The AUDUSD could start ranging between the identified horizontal levels at 0.6575 …

AUDUSD As suggested in yesterday’s chart analysis, price has been finding support around the bullish channel support area and the longer-term moving average. AUDUSD is up-trending and is currently in a retrace phase. Price is moving within a bullish channel. The moving averages are bullish and widening, signalling that the …

AUDUSD The AUDUSD has been bullish and has swung higher. Price is up-trending again and has formed a large bullish channel. The moving averages have crossed bullish and are widening, suggesting that the uptrend could continue. Opportunities to go long may exist around the dynamic support of the moving averages, …

AUDUSD As suggested in yesterday’s chart analysis, price has become indecisive and is moving sideways. The moving averages confirm the market indecision – they are tight and moving sideways also. AUDUSD is ranging between the recent swing low at 0.6515 and the recent highs at 0.6600. Trading opportunities could exist …

AUDUSD As suggested in yesterday’s chart analysis, price was bullish and then reversed around 0.6600. The AUDUSD has since formed lower swing highs and is currently forming a lower swing low, suggesting that price could start down-trending. The moving averages are tightening and moving sideways, suggesting market indecision. The AUDUSD …

AUDUSD As suggested in yesterday’s chart analysis, AUDUSD has been bullish and has swung higher. Price has swung above the recent consolidation area and is forming higher swing highs and lows, suggesting an uptrend. The moving averages confirm this – they are bullish and widening. Opportunities to go long could …