AUDUSD Daily Analysis – March 28, 2017
AUDUSD stays in the descending price channel on 4-hours chart and remains in downtrend from 0.7749.
Aussie dollar
AUDUSD Daily Analysis – March 27, 2017
AUDUSD remains in downtrend from 0.7749.
AUDUSD Forecast March 23, 2017, Technical Analysis
The AUD/USD pair fell initially during the course of the session on Wednesday, but turned around to form a nice-looking hammer.
AUDUSD Daily Analysis – March 22, 2017
AUDUSD stays above 0.7663 support and remains in uptrend from 0.7490.
AUDUSD Channel Breakout and Pullback March 01, 2017
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high and low shows that the 50% retracement level lines up with the broken support.
AUDUSD Forecast February 28, 2017, Technical Analysis
The AUDUSD pair chopped around during the day on Monday, as we continue to see quite a bit of volatility.
AUDUSD Daily Analysis – January 31, 2017
No changed in our view, AUDUSD remains in uptrend from 0.7159.
AUDUSD Rising Wedge Dec 14, 2016
AUDUSD is slowly trending higher, moving inside a rising wedge pattern visible on its 1-hour and 4-hour charts. Price is testing the resistance and could be due for a move back to support at the .7475 level.
AUDUSD Forecast December 13, 2016, Technical Analysis
The AUDUSD pair rallied on Monday, testing the 0.75 level above as resistance.
AUDUSD Forecast December 5, 2016, Technical Analysis
The AUDUSD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so now it looks very choppy to say the least.