Australian Dollar: USD/AUD (AUD=X) flat for the week

Australian Dollar: USD/AUD (AUD=X) flat for the week

Australian Dollar: USD/AUD (AUD=X) flat for the week We had expected the level at 0.7207 might act as support, as it had acted previously as both support and resistance. Note how these “flipping” levels can work well. The H1 chart below shows the how the price returned to hit and reject the level during the […]

Australian Dollar: USD/AUD (AUD=X) Bounces From Confluent Fibonacci Support

Australian Dollar: USD/AUD (AUD=X) Bounces From Confluent Fibonacci Support

Australian Dollar: USD/AUD (AUD=X) Bounces From Confluent Fibonacci Support With the current recovery, a temporary low is in place at 0.7201 in AUD/USD. Intraday bias is turned neutral for some consolidations first. Upside should be limited by 0.7346 support turned resistance for fall resumption. On the downside, below 0.7201 will extend the larger decline from […]

Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session

Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session

Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session We turned bearish AUD on Monday (13 Aug, spot at 0.7285) with an immediate ‘target’ of 0.7220 and were of the view that the “odds for further extension to 0.7160 are relatively high”. There is no change to our view as AUD […]

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence The Australian Dollar to US Dollar (AUD/USD) exchange rate has risen today following a surprise increase in Australian business confidence. The unexpected rise for NAB’s July business confidence reading has pushed the AUD/USD exchange rate to an interbank level […]

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets The Australian dollar fell to an 18-month low against the US dollar on Monday, as worries about an impending financial crisis in Turkey prompted selling in the currency with strategists warning of more downside ahead. The Australian dollar fell 1 per cent at […]

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars Australian Dollar has been trading in an extremely persistent range, now taking on the shape of a triangle. Given the trend and trend-line resistance a downside break is the likely path. A drop below 0.73 will have a pair of swing lows in […]

Australian Dollar: USD/AUD (AUD=X) risk appetite is improving

Australian Dollar: USD/AUD (AUD=X) risk appetite is improving

Australian Dollar: USD/AUD (AUD=X) risk appetite is improving The Australian Dollar is primed for a recovery against the US Dollar over coming months. Global risk appetite is improving. Our Global Risk Indicator appears to be moving back into positive territory for now after getting mired in the negative since early February – and within the […]

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400 AUD/USD has moved up to the 21-hr SMA at 0.7418 and pierced it making a high if 0.7434 for the day so far while the Yuan has stabilised making for a positive climate for the proxy trade through the Aussie. AUD/USD has otherwise been capped below the 0.7440 […]

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise The Australian Dollar (AUD) has firmed against the US Dollar (USD) today, rising to a level of $0.74 on the interbank exchange rate. This is the best level of AUD/USD trading in a week and comes from growing risk […]

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher The Australian Dollar edged higher on Monday as traders took up positions ahead of the latest Reserve Bank of Australia (RBA) interest rate decision but analyst commentary suggests the announcement is unlikely to provide the Antipodean unit with impetus for further gains. AUD recovered most […]

Australian Dollar: USD/AUD (AUD=X) confined to its narrow trading range

Australian Dollar: USD/AUD (AUD=X) confined to its narrow trading range

Australian Dollar: USD/AUD (AUD=X) confined to its narrow trading range Yesterday, the AUD / USD pair was almost unmoved after the release of the FOMC statement. The Federal Reserve left interest rate unchanged at 2.00% as anticipated. The Fed also did not make any substantial changes to its statement, leaving the AUD/USD confined to its […]

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels AUD traded within a tight 27 pips range yesterday, the narrowest 1-day range so far this year. The quiet consolidation offers no fresh clue and we continue to hold a neutral stance. We previously held the view that the downside is more ‘sticky’ but […]

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming – AUD rises as building approvals surge eases housing concerns. – Building approvals rise by 6.4% in June, sidelining fears of collapse. – But housing market activity may still slow further during months ahead. After a slow start to the week, the economic events […]

Australian Dollar: USD/AUD (AUD=X) trading in a fairly narrow range

Australian Dollar: USD/AUD (AUD=X) trading in a fairly narrow range

Australian Dollar: USD/AUD (AUD=X) trading in a fairly narrow range  The Australian dollar remains choppy and range-bound, managing to eke out modest gains on Friday against the greenback and most of the major crosses. While the Australian dollar has been trading in a narrow range for quite some time, China’s slowdown is likely to weigh […]

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week The Australian dollar dropped in the range as Australian inflation missed expectations. What’s next? Australia’s trade balance and retail sales stand out. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia’s quarterly inflation report showed an increase of […]

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating The Australian dollar popped higher in late trade on Wednesday, reversing earlier losses to close at a two-week high. A reduction in trade tensions between the United States and European Union was behind the Aussie’s late surge. Overall, the bias in prices is: Downwards. The projected upper bound […]

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment The Australian dollar fell against the US dollar after the country’s statistics office released the Consumer Price Index (CPI) data for the second quarter. The data showed that the CPI rose by 0.4% in the quarter. This was lower than the expected 0.5%. It […]

Australian Dollar: USD/AUD (AUD=X) Consolidating

Australian Dollar: USD/AUD (AUD=X) Consolidating

Australian Dollar: USD/AUD (AUD=X) Consolidating The Australian dollar was subdued on Tuesday as the country’s central bank expressed concern about the impact of high household debt on the economy. The Australian dollar was at 73.86 US cents at 0832 AEST, down from 74.31 US cents on Tuesday. Overall, the bias in prices is: Downwards. The […]

Australian Dollar: USD/AUD (AUD=X) trading in a tight range

Australian Dollar: USD/AUD (AUD=X) trading in a tight range

Australian Dollar: USD/AUD (AUD=X) trading in a tight range The Australian dollar is currently selling off against all major currencies. The Aussie is currently the weakest against the Japanese yen. Last week, the Australian dollar ended flat against the US dollar. As Chinese growth decelerates and US-China trade tensions rise, the Australian dollar remains in […]

Australian Dollar: USD/AUD (AUD=X) expected to open lower

Australian Dollar: USD/AUD (AUD=X) expected to open lower

Australian Dollar: USD/AUD (AUD=X) expected to open lower The week ahead is all about prices Another big week ahead, U.S earnings, 2nd quarter GDP numbers, Trade wars and ECB monetary policy all in focus. For the Aussie Dollar, following last week’s impressive employment numbers, focus shifts to 2nd quarter inflation figures, with consumer inflation figures due […]

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight Bids in the dollar sees the pair surrender its gains from the employment report. It was a short-lived run for buyers as the upbeat Aussie employment report saw price jump to a high of 0.7441 but ultimately failed to move any higher with the 23.6 […]

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade The Australian Dollar reversed earlier losses during noon trading Wednesday and marched higher ahead of the June employment report, which traders will watch closely for clues about the condition of Australia’s labour market. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 49.30 […]

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack. Weighing on AUD have been a pullback in […]

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes

Australian Dollar: USD/AUD (AUD=X) bulls hang in there while bears look for a test below 0.7400 ahead of RBA minutes Overall, the bias in prices is: Downwards. The projected upper bound is: 0.75. The projected lower bound is: 0.73. The projected closing price is: 0.74. Candlesticks A black body occurred (because prices closed lower than […]

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes

Australian Dollar: USD/AUD (AUD=X) Focus on RBA’s Meeting Minutes The Aussie found support in equities, settling against its American rival at 0.7423, as Wall Street closed the week with solid gains, offsetting the sour tone of base metals amid concerns related to the escalating trade war between the US and China. The pair, however, has […]

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300 The Aussie Dollar could slip back to the 0.7300 handle in the next weeks. Key Quotes 24-hour view: “While we expected a lower AUD yesterday, the rapid decline that took out the strong 0.7380 support was not exactly anticipated. The pressure is still clearly on the downside but […]

Australian Dollar: USD/AUD (AUD=X) will Resist Further Downside Pressure

Australian Dollar: USD/AUD (AUD=X) will Resist Further Downside Pressure

Australian Dollar: USD/AUD (AUD=X) will Resist Further Downside Pressure Forecasts from analysts at the world’s largest FX dealer, Citibank, suggest the Aussie is likely to resist further downside pressure during the months ahead. The findings are published here as the Australian Dollar suffers a bout of selling owing to another salvo in the global trade […]

Australian Dollar: USD/AUD (AUD=X) Draws Support from Fading Trade War Chatter

Australian Dollar: USD/AUD (AUD=X) Draws Support from Fading Trade War Chatter

Australian Dollar: USD/AUD (AUD=X) Draws Support from Fading Trade War Chatter – Aussie is dependent on open trade for its commodities – Fading risks of war have supported AUD’s recent recovery – Yet monetary policy and technical risks overshadow bullish talk A global trade war would hurt commodity-export-dependent Australia and the fallout would weaken the […]

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last?

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last?

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last? Movements in the Aussie look set to be determined by sentiment and technicals given a quiet economic calendar. There’s few releases of note in Asia with German trade and current account figures, Eurozone investor sentiment and US consumer credit the only real highlights in the second half […]

USD/AUD (AUD=X) sits near the lower end of its daily trading range

USD/AUD (AUD=X) sits near the lower end of its daily trading range

USD/AUD (AUD=X) sits near the lower end of its daily trading range Dollar softer amid lingering trade war fears China central bank to keep yuan stable, helping cool-off market Canada dollar gains on manufacturing data, higher oil prices Mexico peso jumps on soothing words from president-elect U.S. holiday seen thinning trade Major currencies marked time […]

USD/AUD (AUD=X) Ready for a Bounce to Channel Top?

USD/AUD (AUD=X) Ready for a Bounce to Channel Top?

USD/AUD (AUD=X) Ready for a Bounce to Channel Top? AUD/USD TECHNICAL ANALYSIS: BEARS BE WARNED The Australian Dollar is struggling to get a daily close below 2017 support Positive RSI divergence warns that the pair may turn higher in the near-term A bounce would place the upper line of a descending channel as resistance The Australian Dollar has made […]

USD/AUD (AUD=X) retreats farther away from 0.74 mark

USD/AUD (AUD=X) retreats farther away from 0.74 mark

USD/AUD (AUD=X) retreats farther away from 0.74 mark The AUD/USD pair came under some renewed selling pressure at the start of a new trading week and eroded a part of Friday’s strong up-move. The pair struggled to sustain/build on its momentum further beyond the 0.7400 handle and now seems to have stalled last week’s goodish recovery move […]

USD/AUD (AUD=X) tied to Chinese data and risk sentiment

USD/AUD (AUD=X) tied to Chinese data and risk sentiment

USD/AUD (AUD=X) tied to Chinese data and risk sentiment Chinese manufacturing growth slowed, could hit the AUD. AUD/USD strong resistance at 0.7440, upward chances increase beyond it. The AUD/USD pair edged sharply higher on Friday and settled at 0.7407, anyway down weekly basis. The Aussie found support on a broadly weaker dollar, hit by profit-taking […]

USD/AUD (AUD=X) bulls attempting a minor correction

USD/AUD (AUD=X) bulls attempting a minor correction

USD/AUD (AUD=X) bulls attempting a minor correction AUD/USD is making a minor recovery and testing the hid point of the .73 handle from lows of 0.7329 as the downtrend deteriorates a touch away from the support of the descending channel and yesterday’s lows (lowest levels since Jan 2017). AUD/USD has been in a tailspin of dollar […]

USD/AUD (AUD=X) shows potential decline

USD/AUD (AUD=X) shows potential decline

USD/AUD (AUD=X) shows potential decline Bears dominated the AUD/USD currency pair on Tuesday. This downside momentum began after the rate hit a resistance cluster formed by the 55– hour simple moving average and the weekly pivot point near the 0.7415 mark. Given that the pair has revealed new downtrend channel, it is likely that the journey south […]

USD/AUD (AUD=X) bewildered by Trump trade confusion

USD/AUD (AUD=X) bewildered by Trump trade confusion

USD/AUD (AUD=X) bewildered by Trump trade confusion The Australian and New Zealand dollars flatlined on Tuesday as White House officials sowed confusion about their trade intentions toward China, leaving the market in a holding pattern for now. The Aussie dollar was steady at $0.7411, after drawing bids around $0.7397 overnight. It had retreated from a […]

USD/AUD (AUD=X) US Dollar falls to 2-week low vs yen on renewed trade tensions

USD/AUD (AUD=X) US Dollar falls to 2-week low vs yen on renewed trade tensions

USD/AUD (AUD=X) US Dollar falls to 2-week low vs yen on renewed trade tensions Dollar/yen sags after on latest round of trade tensions US plans to limit Chinese investments in US tech firms -WSJ Lira trims gains after rallying on Turkey president vote win Commodity-linked currencies slip as oil rally runs out of steam The […]

USD/AUD (AUD=X) bulls waking up after fresh 2018 low at 0.7345

USD/AUD (AUD=X) bulls waking up after fresh 2018 low at 0.7345

USD/AUD (AUD=X) bulls waking up after fresh 2018 low at 0.7345 AUD/USD reached a new 2018 low at 0.7345 this Thursday as the market almost reached the May 9, 2017 swing low at 0.7327. AUD bulls are now trading above the hourly 50-period simple moving average as they are trying to form a double bottom with Tuesday’s […]

USD/AUD (AUD=X) could slip back to 0.7330/0.7300

USD/AUD (AUD=X) could slip back to 0.7330/0.7300

USD/AUD (AUD=X) could slip back to 0.7330/0.7300 The Aussie Dollar could drop to the 0.7330/0.7300 band vs. the greenback in the next weeks. Key Quotes 24-hour view: “AUD hit a fresh 2018 low of 0.7347 before rebounding quickly. The combination of oversold condition and waning momentum suggests low risk of a break below 0.7345/50. While a […]

USD/AUD (AUD=X) Charts Highlight Nearby Price Support

USD/AUD (AUD=X) Charts Highlight Nearby Price Support

USD/AUD (AUD=X) Charts Highlight Nearby Price Support The Australian Dollar has plummeted more than 9% off the yearly highs (nearly 6% year-to-date) with the decline now approaching initial support targets of interest. While the immediate risk remains lower in the Aussie, we’re on the lookout for near-term exhaustion in price. These are the updated targets & invalidations […]

USD/AUD (AUD=X) continues to slide

USD/AUD (AUD=X) continues to slide

USD/AUD (AUD=X) continues to slide The Australian dollar remains under pressure, undermined by renewed trade tensions between the United States and China. The AUD/USD currently sits at a 6-week low after falling 2.1% last week. The economic data calendar is quiet today, although the ECB’s annual central banking forum from Sintra, Portugal, gets underway. Chinese […]

USD/AUD (AUD=X) hits new lows as commodities break

USD/AUD (AUD=X) hits new lows as commodities break

USD/AUD (AUD=X) hits new lows as commodities break The Australian dollar has slipped a little further against its US counterpart as the spat between the US and China over trade hurts commodities and commodity currencies, including the Aussie. At 0635 AEST on Monday, the Australian dollar was worth 74.46 US cents, down from 74.57 US […]

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March

USD/AUD (AUD=X) breaks below 0.7500 level, worst daily decline since mid-March AUD/USD broke below 0.7500 and is continuing the free fall. The next likely support is located at 0.7476 May 29 swing low and at 0.7412 May’s low. AUD/USD is probably en route to its worst daily decline since mid-March, this Thursday. However, if the Aussie […]

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment

USD/AUD (AUD=X) Looks For Traction From Stronger Employment Growth, Lower Unemployment The Australian Dollar rose against a majority of developed world currencies Wednesday, recovering from an overnight slump, as traders took up positions ahead of the latest volley of labour market data from down under that is due for release at 02:30 am London time […]

USD/AUD (AUD=X) Target 0.7920

USD/AUD (AUD=X) Target 0.7920

USD/AUD (AUD=X) Target 0.7920 The Australian dollar is back under pressure as the region’s trade balance surplus slips to A$977M from a revised A$1731M in March, and the lackluster development may keep the Reserve Bank of Australia (RBA) on the sidelines at the next meeting in July as officials express ‘concerns about the direction of international trade […]

USD/AUD (AUD=X) Bearish Trend

USD/AUD (AUD=X) Bearish Trend

USD/AUD (AUD=X) Bearish Trend Overall, the bias in prices is: Downwards. The projected upper bound is: 0.77. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are […]

USD/AUD (AUD=X) Heffx Daily Technical Outlook

USD/AUD (AUD=X) Heffx Daily Technical Outlook

USD/AUD (AUD=X) Heffx Daily Technical Outlook Overall, the bias in prices is: Downwards. The projected upper bound is: 0.77. The projected lower bound is: 0.75. The projected closing price is: 0.76. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and […]

USD/AUD (AUD=X) Continuation of a Bearish Trend

USD/AUD (AUD=X) Continuation of a Bearish Trend

USD/AUD (AUD=X) Continuation of a Bearish Trend Overall, the bias in prices is: Downwards. The projected upper bound is: 0.76. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 5 white candles […]

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.76. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

USD/AUD (AUD=X) Trending Downwards

USD/AUD (AUD=X) Trending Downwards

USD/AUD (AUD=X) Trending Downwards Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.76. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A black body occurred (because prices closed lower than they opened). During the past […]

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.77. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence

USD/AUD (AUD=X) Bullish Divergence Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.76. The projected lower bound is: 0.73. The projected closing price is: 0.74. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than […]

USD/AUD (AUD=X) Continuation of a Downward Trend

USD/AUD (AUD=X) Continuation of a Downward Trend

USD/AUD (AUD=X) Continuation of a Downward Trend Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.76. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks A black body occurred (because prices closed lower than they opened). […]

USD/AUD (AUD=X) Technicals Suggest Currency Oversold

USD/AUD (AUD=X) Technicals Suggest Currency Oversold

USD/AUD (AUD=X) Technicals Suggest Currency Oversold Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.77. The projected lower bound is: 0.75. The projected closing price is: 0.76. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 0.77. The projected upper bound is: 0.77. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks During the past 10 bars, there have been 2 white candles and […]

USD/AUD (AUD=X) Remains Under Pressure

USD/AUD (AUD=X) Remains Under Pressure

USD/AUD (AUD=X) Remains Under Pressure Overall, the bias in prices is: Downwards. The projected upper bound is: 0.77. The projected lower bound is: 0.74. The projected closing price is: 0.76. Candlesticks Review of FOREX AUD= (AUD=) as of 4/25/2018 A black body occurred (because prices closed lower than they opened). During the past 10 bars, […]

USD/AUD (AUD=X) Bearish Trend Consolidating

USD/AUD (AUD=X) Bearish Trend Consolidating

USD/AUD (AUD=X) Bearish Trend Consolidating Overall, the bias in prices is: Downwards. The projected upper bound is: 0.77. The projected lower bound is: 0.75. The projected closing price is: 0.76. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 3 white candles and 6 […]

USD/AUD (AUD=X) Oversold

USD/AUD (AUD=X) Oversold

USD/AUD (AUD=X) Oversold Overall, the bias in prices is: Downwards. The projected upper bound is: 0.77. The projected lower bound is: 0.75. The projected closing price is: 0.76. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 4 white candles and 5 black candles […]

USD/AUD (AUD=X) Heffx Daily Technicals

USD/AUD (AUD=X) Heffx Daily Technicals

USD/AUD (AUD=X) Heffx Daily Technicals Overall, the bias in prices is: Downwards. The projected upper bound is: 0.78. The projected lower bound is: 0.75. The projected closing price is: 0.77. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” […]

USD/AUD (AUD=X) Aussie Currency Consolidating

USD/AUD (AUD=X) Aussie Currency Consolidating

USD/AUD (AUD=X) Aussie Currency Consolidating Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.79. The projected lower bound is: 0.76. The projected closing price is: 0.78. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

USD/AUD (AUD=X) Heffx Daily Technicals Indicate Currency Consolidating

USD/AUD (AUD=X) Heffx Daily Technicals Indicate Currency Consolidating

USD/AUD (AUD=X) Heffx Daily Technicals Indicate Currency Consolidating Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.79. The projected lower bound is: 0.76. The projected closing price is: 0.78. Candlesticks […]

USD/AUD (AUD=X) Currency Consolidating on the Daily Charts

USD/AUD (AUD=X) Currency Consolidating on the Daily Charts

USD/AUD (AUD=X) Currency Consolidating on the Daily Charts Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.76. The projected closing price is: 0.77. Candlesticks […]

USD/AUD (AUD=X) Daily Technicals Suggest a Bearish Trend

USD/AUD (AUD=X) Daily Technicals Suggest a Bearish Trend

USD/AUD (AUD=X) Daily Technicals Suggest a Bearish Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.75. The projected closing price is: 0.77. Candlesticks […]

USD/AUD (AUD=X) Aussie Dollar Consolidating

USD/AUD (AUD=X) Aussie Dollar Consolidating

USD/AUD (AUD=X) Aussie Dollar Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.75. The projected closing price is: 0.77. Candlesticks A white body […]

USD/AUD (AUD=X) Technicals Suggest AUD Consolidating

USD/AUD (AUD=X) Technicals Suggest AUD Consolidating

USD/AUD (AUD=X) Technicals Suggest AUD Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.75. The projected closing price is: 0.77. Candlesticks During the […]

USD/AUD (AUD=X) Consolidating

USD/AUD (AUD=X) Consolidating

USD/AUD (AUD=X) Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.75. The projected closing price is: 0.77. Candlesticks A white body occurred (because […]

USD/AUD (AUD=X) Downward Trend

USD/AUD (AUD=X) Downward Trend

USD/AUD (AUD=X) Downward Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.79. The projected lower bound is: 0.76. The projected closing price is: 0.77. Candlesticks A white body occurred […]

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating

USD/AUD (AUD=X) Technicals Suggest Currency Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.78. The projected lower bound is: 0.76. The projected closing price is: 0.77. Candlesticks A white […]

USD/AUD (AUD=X) Bearish Trend

USD/AUD (AUD=X) Bearish Trend

USD/AUD (AUD=X) Bearish Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.80. The projected lower bound is: 0.78. The projected closing price is: 0.79. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 […]

USD/AUD (AUD=X) Technicals Overbought

USD/AUD (AUD=X) Technicals Overbought

USD/AUD (AUD=X) Technicals Overbought Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.78. The projected upper bound is: 0.81. The projected lower bound is: 0.79. The […]