The movement of AUD/USD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
AUD/USD is heading towards a line of 0.6934. If this movement continues, we expect the price of AUD/USD to test 0.6934 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
AUD/USD is moving towards the resistance line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUD/USD continues in its current trajectory, […]
AUD/USD is approaching the support line of a Triangle. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 23 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
The movement of AUD/USD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
The movement of AUD/USD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
AUD/USD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 8 days and suggests a target line to be around […]
Descending Triangle has broken through the support line at 06-May-2019 00:00 UTC. Possible bearish price movement forecast for the next 2 days towards 0.6947. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that […]
Channel Down identified at 02-May-2019 05:30 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7005 within the next 7 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live […]
Triangle has broken through the resistance line at 01-May-2019 02:00 UTC. Possible bullish price movement forecast for the next 2 days towards 0.7083. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support […]
