AUDUSD is rising hard off the recent low, stringing together multiple positive days. It’s the strongest bounce since June, but like the first month of summer the initial push higher may prove to be...
Type: Posts; User: TechnoMeter
AUDUSD is rising hard off the recent low, stringing together multiple positive days. It’s the strongest bounce since June, but like the first month of summer the initial push higher may prove to be...
It’s been a rough year so for AUD/USD and it didn’t start out very well, either. We can even extend that back to the beginning of 2018, as there hasn’t really been much for Aussie bulls to rejoice...
Before looking at the undercurrent of the market, first we should appreciate the surface level technical churn that is drawing so much attention for the Australian Dollar. A daily chart of AUDUSD...
The Australian Dollar tracked lower after a retest of support-turned-resistance at the bottom of a bearish Descending Triangle chart pattern, as expected. Prices attempted to recover after breaking...
The Australian Dollar is retesting support-turned-resistance marking the underside of a broken Descending Triangle chart formation in the 0.6978-0.7021 area. Prices bounced after finding support...
The Australian Dollar continues to struggle for directional conviction against its US counterpart, with prices still stuck in choppy range near the 0.71 level. Still, overall positioning suggests the...
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AUDUSD failed to make a convincing break above the descending trendline yet again. The pair currently holding the 0.7100 handle after a somewhat excessive move to the downside. Key support...
AUD/USD Technical Outlook: Slightly Bearish
The near-term uptrend in the Australian Dollar quite literally fell apart this past week. AUD/USD descended through a rising trend line as it cleared a...
AUD/USD Technical Outlook: Bullish
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The Australian Dollar made an aggressive push this week against its US counterpart, flying past multiple resistance barriers highlighted in last week';s...
AUD/USD Technical Outlook: Slightly Bearish
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The Australian Dollar continued its pursuit lower against its US counterpart this past week, failing to hold on to upside momentum towards the...
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The AUDUSD price is now close to support from the lower bound of a rising channel that has been in place since late October. It is also sitting on the 20-day moving average and is not far...
The Australian Dollar has tepidly recovered to challenge trend resistance guiding it lower against its US counterpart since late January. That barrier is now in the 0.7136-0.7210 area. A daily close...
The Australian Dollar has lacked interest rate support compared to its big US brother for all of 2018, and that trend looks set to continue judging by another docile inflation print on Monday.
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The Australian Dollar continues to struggle for near-term direction near the 0.74 figure against its US counterpart but the dominant trend remains firmly bearish. The series of lower highs and lows...
A strong Candian Dollar is emerging on the back of elevated crude oil prices and a weakening US Dollar on a soft CPI print for April. Now, the focus will turn to the US/CA 2Yr yield differentials to...
The Australian Dollar seems to be struggling to pick a direction to choose from against its US counterpart as of late. In the meantime, well-established support and resistance levels have formed and...
The Australian Dollar is perched at trend-defining support, with the currency yet to decide on near-term direction against its US counterpart. A series of descending highs and lows argues for a...
AUDUSD: Retail trader data shows 53.7% of traders are net-long with the ratio of traders long to short at 1.16 to 1. The number of traders net-long is 4.7% lower than yesterday and 4.7% lower from...
AUDUSD one-week implied volatility at 7.85% ahead of RBA, projects a weekly range of 7729-7899, with support at range-low
One-week implied volatility is at a relatively subdued level of 7.85%,...
The Australian Dollar has struggled to build upside momentum against its US counterpart since bouncing from rising trend support set from May/June lows. Prices seemingly completed a bullish Flag...
The Australian Dollar shot sharply higher, posting the largest gain in five months against its US counterpart following the release of minutes from July’s FOMC meeting. Overall positioning hints that...
AUDUSD options-derived one-week range low & high in confluence with important price levels
After ratcheting higher for most of July, AUDUSD cooled its jets and is finding difficulty in breaking...
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For those intraday traders, we can pinpoint the pattern a little further. A shorter term key level to watch for is the June 13 low of .7524. Holding above this low keeps new highs towards...
The Australian Dollar may be poised to continue higher after breaking the top of a falling channel that had contained gains against its US counterpart for two months. It remains to be seen whether...
The AUD/USD is rebounding from fresh daily lows, as US Dollar pairs are now processing the release of the FOMC meeting minutes from March 15th. This event has been marked as a high importance release...