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/JPY Technical Analysis, the pair rejected resistance and trendline
Technical analysis for AUD/JPY, the pair rejected resistance zone and descending trend line on the daily chart, forming an evening star candlestick pattern. However, the rejection was rather large and…
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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/CHF Technical Analysis, the pair is holding horizontal and dynamic support
Technical analysis for the AUD/CHF, the pair is sitting at important dynamic and horizontal support and 0.618 FIB retracement at 0.6660-70. On the daily chart, the AUD/CHF pair is trading…
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AUD/JPY Technical analysis, the pair reached the previous weekly high and closed the week with doji
Technical analysis for the AUD/JPY, the pair reached the previous weekly high, the 2.168 FIB extension on the daily chart, and closed the week with a dragonfly doji, signaling a…
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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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EUR/AUD Technical analysis, the pair reached the 3rd target of the daily bullish run
Technical analysis for EUR/AUD, the pair reached the 3rd target of the daily bullish run at 2.72 FIB extension at 1.6390, which was also resistance. Now the pair broke down…
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EUR/AUD Technical analysis, the pair formed ascending triangle on the daily chart
Technical analysis for EUR/AUD, the pair bounced from ascending trend line on the weekly chart and formed ascending triangle on the daily chart, a signal for further upside potential. If…
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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/CAD Technical analysis, the price broke below previous weekly low, continuing the bearish daily trend
Technical analysis for the AUD/CAD is showing that the price broke down below the previous weekly low, a signal for further downside potential. The first target of this break below…
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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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