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
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
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.
AUDUSD Technical Analysis on 4 Hour Chart - 12th May 2015 AUDUSD TECHNICALS: On the 4H. We see that we have an up trend. Price is consolidating within a triangle and we are seeing the pair bouncing off the bottom of that triangle and going beyond the down trend line that I have drawn. The
AUDUSD Forex Blog Forecast 5th January 2014 The Aussie Dollar have been in a down trend in 2014 and the question is, will this Forex pair continue on its down trend? Looking at the current price levels, the AUDUSD is near the round number 0.80 and I believe that there could be some technical traders
GBPUSD - On the weekly chart we see that the candle close last week is bullish and the pair closed above its 200 ema. Will the pair rebound from here? If it does, top side target based on the weekly time frame could be 1.64. On the downside, just below 1.60 is a demand
AUDUSD on the 4hr time frame. Lets take a look at the chart in greater detail. Pair has broken above the channel and we are seeing inside bars after the breakout indicating more consolidation before any moves. I would not discount a retracement back down to test the channel. If the channel is tested and it
Hi traders, I am looking at the AUDUSD 4 hour chart and we can see that the pair is trying to break out of the channel. If the bulls are successful in beating that down trend line, we will have two levels to aim at. The first target would be the 0.94 level and we
Hi Traders! The Aussie dollar is currently in a consolidating pattern, unable to close convincingly below 0.92 and hold down below 0.94. We need to see a break below 0.92 in order for the pair to retrace lower to 0.91, seen as a support area where the bulls might come in to push the pair back
Hi traders! I am looking at the Aussie dollar and I can see a head and shoulder pattern forming at the moment. As long as the price does not fall below 0.93 and closes below that on the daily time frame, I can see this pair going one direction and that is UP! Also, of
