All articles related to the Australian dollar.
USDJPY TECHNICAL ANALYSIS Lets look at the USDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair has broken above its wide downtrend channel. Above the 107.0 level, we can expect this pair to continue moving up. Currently price pulling back and testing the dynamic
AUDJPY TECHNICAL ANALYSIS Lets look at the AUDJPY on the 4 hour time frame. I have marked up the chart and as you can see the pair is in a downtrend channel. Trend is down but we do not discount the possibility of this pair rebounding back up to the top slanting line of the
EURAUD – On the daily time frame this pair may have found a medium term bottom at the 1.36223 level. You can see that the pair have been in a downtrend pennant since early 2016. We are in a clear downtrend for this pair over the longer term and we are not out of that yet.
AUDUSD – On the daily time frame the Aussie dollar is seen consolidating after an attempt to break higher. The 07720 price level is a strong level that have held its ground so far. We need to see price close decisively above that level and the 0.775 level before we can say that there is
GBPUSD Technical Analysis 6th September 2016
AUDUSD - On the daily chart we see the AUDUSD still trading within its uptrend channe. Price have been going sideways for the last 4 days and characterized by 4 short candles which shows indecision between the bears and the bulls. When I see markets behaving like this, I know that this is not the
AUDNZD - On the daily time frame, we can see that pair is in an up trend and is now consolidating in a flag. A break above the flag and a close above it will bring more bulls into the picture. Pair has also bounced off the Pivot Point and yesterday's candle closed with a
AUDUSD - On the daily time frame. I spotted a bullish pintail with yesterday's close. Price closed above the 15 ema and should be looking to retest the daily pivot. A close above the pivot would give the bulls a lot more reasons to push this higher. Stochastic is still pointing up and doesn't show
AUDUSD - On the 4hr chart. The price punched through the 15 ema and now pushing higher. Price have also broken out of the descending channel. Get ready to make a trade guys. Let the pair fall back to the 15 ema and once candle close with price still above the 15 ema, BUY.
