Those of you that are trend followers are probably eagerly watching AUD/USD to see if its latest 1.89% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 9 days move. Did you know that our social media feeds are updated only 3x per day, and […]
AUD/USD is heading towards the resistance line of a Channel Up and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
Those of you that are trend followers are probably eagerly watching AUD/USD to see if its latest 1.77% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 6 days move. Did you know that our social media feeds are updated only 3x per day, and […]
Those of you that are trend followers are probably eagerly watching AUD/USD to see if its latest 1.35% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 4 days move. Did you know that our social media feeds are updated only 3x per day, and […]
AUD/USD is moving towards the support line of a Triangle 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, we […]
AUD/USD has broken through the support line of a Support. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 0.6687 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout […]
AUD/USD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 9 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
AUD/USD is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 19 days and may test it again […]
AUD/USD is moving towards the support line of a Falling Wedge 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 heading towards a line of 0.6822. If this movement continues, we expect the price of AUD/USD to test 0.6822 within the next 3 days. 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 […]
