In the dynamic realm of currency trading, the AUD/USD pair has recently undergone a noteworthy shift, breaking free from the constraints of a descending channel on the daily chart and…
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AUD/USD - Technical Analysis
We publish our technical analysis for AUD/USD currency pair when we see technical changes in the charts. We focus on breakouts, technical patterns, key support, and resistance levels, combined with a trend/wave-based analysis.
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AUD/USD Technical Analysis, the pair formed a double bottom
Technical analysis for AUD/USD, the pair formed a double bottom on the weekly chart, rejecting the 0.500 FIB retracement on the monthly chart, signaling a potential bounce. The first target…
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AUD/USD Technical Analysis, the pair broke below an ascending wedge
Technical analysis for the AUD/USD, the pair broke below ascending wedge on the daily chart, extending the pullback on the weekly chart and starting a bearish run on the daily…
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AUD/USD Technical Analysis, the pair reached a resistance zone
Technical analysis for the AUD/USD, the pair reached the second target of the daily bullish wave, the 1.618 FIB extension at 0.7540. The zone between 0.7540-55 should provide resistance and…
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AUD/USD Technical Analysis, the pair broke out to the upside
Technical analysis for the AUD/USD, the pair broke above descending trend line on the daily chart and multiple resistance levels, which is a strong bullish signal. The price closed above…
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AUD/USD Technical Analysis, approaching strong resistance
Technical analysis for AUD/USD, the pair is approaching a strong resistance zone. Between 0.7185-0.7200, we have the daily 50 EMA, descending trend line, 0.382 FIB retracement on the weekly chart,…
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AUD/USD Technical Analysis, the pair reached the second target of the bearish daily run
Technical analysis for AUD/USD, the pair reached the second target of the daily bearish run and previous low at 1.618 FIB extension at 0.7110. Further declines are in favor. The…
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AUD/USD Technical Analysis, the pair reached the second target of the bearish daily wave and started a pullback
Technical analysis for the AUD/USD, the pair reached the second target of the daily bearish wave at 1.618 FIB extension at 0.7120 and started a pullback. This pullback almost reached…
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AUD/USD Technical analysis, a breakout of a range and closed above the previous weekly and daily close
Technical analysis for the AUD/USD pair, the price broke above the range on the 4H chart and the daily chart and closed above the previous weekly and daily closes, an…
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AUD/USD Technical analysis formed tweezer tops on the weekly chart rejecting the previous weekly high
Technical analysis for the AUD/USD is showing that the price formed tweezer tops on the weekly chart rejecting the previous weekly high. However, the price is in a range on…
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AUD/USD Technical analysis, the pair formed tweezers bottom on the weekly chart and breakout above range and 0.7670, a signal for further upside potential
Technical analysis for the AUD/USD pair is showing that the price formed tweezers bottom on the weekly chart, and breakout above a range, and above the 0.7670 on the 4H…
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AUD/USD Technical analysis, the pair broke down on the daily chart extending the daily bearish run and forming Head and Shoulders on the weekly chart
Technical analysis for AUD/USD pair is showing that the price broke down on the daily chart and broke below ascending trend line on the weekly chart forming a Head and…
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