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 has moved lower by 2.97% from 0.691 to 0.67 in the last 10 days. 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 Autochartist, you’ll get: Analysis as low as 15 […]
AUD/USD has moved lower after 10 consecutive daily candles from 0.7071 to 0.6889 in the last 13 days. 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 Autochartist, you’ll get: Analysis as […]
By: Dima Chernovolov AUD/USD recently broke the well-formed daily Up Channel chart pattern which was identified earlier by Autochartist. Autochartist rates the quality of this Up Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), strong Uniformity and Clarity (8 bars). AUD/USD is expected to fall toward […]
By: Dima Chernovolov AUD/USD recently broke the daily Up Channel chart pattern which was identified earlier by Autochartist. Autochartist rates the quality of this Up Channel at the 7-bar level – which is the result of the slow Initial Trend (2 bars), high Uniformity (9 bars) and strong Clarity (8 bars). AUD/USD is expected to […]
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, […]
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.59% move on AUD/USD. The movement has happened over the last 9 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds are […]
AUD/USD is moving towards the resistance line of a Ascending 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, […]
AUD/USD is heading towards a price line of 0.6995 and could reach this point within the next 3 days. 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 could see […]
The movement of AUD/USD towards the resistance line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
