<12 h

Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News 6h 55m
Analysis for September 30th, 2014 EUR USD, “Euro vs US Dollar” Euro is forming an ascending wave. We think, today the price may form the third impulse and extend it towards level of 1.2740. Later, in our opinion, the market may start a correction with the target at level of 1.2690. In this case, this first pattern will have a potential to form another ascending wave as a correction towards level o…
Currency Specs Add to Their USD Long Positions FXstreet.com News 7h 36m
Again the currency specs bought the USD versus other currencies. The largest position is in the euro where they are USD long euro short to the tune of 193.4K, although they are down a couple of thousand contracts from last week. The total net USD long is up to almost 456K contracts, the largest since June 2013. The increase in the USD position came from new spec short selling in the yen, and long …
Next EUR/USD Leg Lower Begins; Trade Opportunities in EUR/AUD, EUR/GBP Daily FX 7h 38m
Faster disinflation in the core Euro-Zone CPI figure has triggered the next move lower in the EUR-complex.
 
Has EUR/AUD resumed downward trend? FXstreet.com News 7h 53m
The euro has been dealt another blow today after the release of some mixed bag Eurozone data. Though the numbers overall were not particularly bad – in fact there was some welcoming news from German retailers, for example – the market seems to have focused mainly on the slightly weaker-than-expected core CPI print, which probably raised expectations that the ECB may increase its stimulus programme…
Euro May Be More Responsive to Positive vs. Negative Inflation Data FXstreet.com News 8h 55m
The Euro may prove asymmetrically more responsive to a positive versus a negative outcome on September’s preliminary Eurozone CPI data. Talking Points: Euro to be More Sensitive to Positive vs. Negative Eurozone CPI Outcome Aussie, NZ Dollars Rise Alongside S&amp;P 500 Futures as Risk Aversion Fades See Economic Releases Directly on Your Charts with the DailyFX News App The preliminary set of Sept…
EURUSD bears dominate while Aussie downside moves accelerate FXstreet.com News 10h 40m
EURUSD – Bears in complete control Economic releases from the European Union last week continued to weaken an already bleak EU economic sentiment. Not only did the latest German IFO expectations and German Manufacturing PMI dash hopes Germany was returning to economic consistency, but the latest EU MarkitPMI elevated fears of stagnant economic growth within Europe. Comments from ECB President Mari…
 
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB FXstreet.com News 11h 39m
The following are the intraday outlooks for EUR/USD, GBP/USD, USD/JPY, and AUD/NZD as provided by the technical strategy team at SEB Group. EUR/USD: Conditions remain notably stretched. A potentially bullish candle was added yesterday. Short-term conditions remains strained and a correction higher is well needed. If eroding local resistance at 1.2715/25, extension towards 1.2756/65 is the minimum …
The U.S. dollar trade calm FXstreet.com News 11h 48m
Good Morning, - The U.S. dollar trade calm, but still was on track to post its biggest monthly gain in over a year… - Asian markets trade under pressure with eyes on Hong Kong, as investors wondered what China's response would be to civil unrest. Japan's Nikkei -0.84%, Hong Kong's Hang Seng -0.97% (07:02 GMT), Korea's Kospi -0.32%, Australia's ASX 200 0.52% and China's Shanghai 0.26%. - Tens of th…

<24 h

EURJPY: Catalysts are approaching FXstreet.com News 12h 43m
AUD: Private sector credit gain 0.4% but slightly below 0.5% expected CNY: China issue a warning to global nations to not interfere with its internal affairs. UP NEXT: GBP: With GDP expected to tick up then failure to deliver could be GBP bearish. EUR: Data from Europe tonight is the prelude to the important ECB Press conference and Rate Decision on Thursday. Any strength in tonights figures will …
EUR/USD: Short at 1.2940 for revised 1.2610; revised stop at 1.2770 FXstreet.com News 13h 44m
Majors EUR/USD: SHORT AT 1.2940 FOR REVISED 1.2610; REVISED STOP AT 1.2770 USD/JPY: LONG AT 108.60 FOR 110.67; STOP AT 108.22 GBP/USD: SHORT AT 1.6300 FOR 1.6052; REVISED STOP AT 1.6280 USD/CHF: LONG AT .9355 FOR .9569, STOP .9430 AUD/USD: SELL AT .8769 FOR .8544; STOP AT .8845 USD/CAD: LONG AT 1.1086 FOR 1.1279; REVISED STOP AT 1.1087 Crosses EUR/JPY: POSSIBLY SELL EUR/GBP: SHORT AT .7850 FOR .77…
RBA to Tackle Australian Housing Market with Lawmakers FXstreet.com News 13h 51m
Top officials from Australia’s central bank will appear before lawmakers on Thursday to answer questions on the housing market, just as data shows lending for investment growing at its fastest pace in over six years. The Reserve Bank of Australia (RBA) last week surprised many by saying it was considering tougher rules on lending for housing investment given rapid loan growth and rising home price…
 
EURUSD: 1.2865 -1.2880 on the upside, 1.2580-1.2595 on the downside FXstreet.com News 14h 14m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2865 -1.2880 on the upside, 1.2580-1.2595 on the downside. AUDUSD: 0.8845-0.8860 on the upside, 0.8625-0.8640 on the downside. USDJPY: 109.90-110.05 on the upside, 108.15-108.30 on the downside. GBPUSD: 1.6410-1.6425 on the upside, 1.6140-1.6155 on the downside. USD…
Mixed Feelings About Australia's Property FXstreet.com News 16h 51m
Australian policy makers have two housing markets to worry about, and it’s a toss up which carries the most risk.&nbsp; One is too cold, the other too hot. One they can’t do anything about as it is in China, the other is a home grown headache the authorities are just starting to wrestle with. How they unfold will have lasting ramifications for Australia’s economy and interest rates.&nbsp; “There a…
AUD/USD – Takes a Breather Above 0.87 FXstreet.com News 19h 41m
The last few weeks has seen a strong decline for the Australian dollar moving from close to 0.94 down to near 0.87 and an eight month low in the process.&nbsp;&nbsp; In the last day or so it has taken a breather just above 0.87.&nbsp;&nbsp; A couple of weeks ago the Australian dollar found some much needed support at 0.8950 and rallied back up to just shy of the key 0.90 level before resuming its …
 
Aussie Continues on a Downward Spiral FXstreet.com News 19h 43m
Australian Dollar: The Aussie continued to lose ground across the board yesterday as civil unrest throughout Hong Kong seemed to curb demand for the higher yielding currency. Furthermore, statements released from the RBNZ during the previous day reporting the largest sale of NZD in the past 7 years seemed to also contribute a sharp drop in the AUD/USD intraday. As the AUD struggled to recover loss…
HK protests slow US$ rally. China manufacturing data, EU CPI, Jobs numbers ahead. FXstreet.com News 20h 46m
The dollar stalled somewhat today as the demonstrations in HK caused some cautious profit taking, with both the Euro and the Yen holding on above trend lows. No such luck for the Kiwi which took another dive and still looks heavy, as does the Aud$. Both will come under further pressure today if the HSBC China mfg data fails to meet expectations, with traders also nervously watching the events in H…
Pound to Aus Dollar - GBP/AUD Exchange Rate Climbed as Australian Dollar Softening Continued Currency News 23h 18m
&amp;lt;strong&amp;gt;The British Pound to Australian Dollar exchange rate (GBP/AUD) gained on Monday after the ‘Aussie’ softened over the weekend.&amp;lt;/strong&amp;gt; The Australian Dollar fell against the Pound Sterling, Euro, US and NZ Dollars following statements from the Reserve Bank of New Zealand (RBNZ), which announced that the central... [...]

>24 h

EURAUD - H&S or GO? FXstreet.com News1d 5h 9m
$EURAUD- H&amp;S or GO?&nbsp; Currently we are at 1.4561. We have a possible head and shoulders pattern in play or an attempt to break to the top. We are looking for a continuation to the resistance area @ 1.4625. The average daily true range (ATR) for the pair currently is 145 pips.
AUD/USD – Struggling Aussie at 9-Month Low FXstreet.com News1d 5h 39m
The Australian dollar remains under pressure on Monday, as AUD/USD trades at in the mid-0.87 range. The Aussie is currently trading at 9-month lows. On the release front, today’s highlight is Pending Home Sales. After a sharp gain of 3.3% in July, the markets are braced for a sharp downturn, with an estimate of -0.4%. The only Australian release is Private Sector Credit, a minor event. The Aussie …
The fall of Aud/Usd FXstreet.com News1d 6h 28m
We can note how important is the investment diversification factor in the graph that overlaps the emerging stock performance with the trend of AUDUSD. Already in recent weeks, we highlighted the suspicious behaviour of the falling Aussie and the emerging market that was curiously resistant. The almost vertical fall of the last days of the MSCI Emerging has now realigned the two variables confirmin…
 
AUDUSD - Critical support on the test FXstreet.com News1d 6h 35m
A ForexTrading.TV Technical Analysis Video Alert for AUDUSD
AUD/USD fell during the European morning Monday FXstreet.com News1d 7h 19m
AUD/USD The dollar traded unchanged or lower against its major G10 peers during the European morning on Monday . It was lower against SEK, CAD, AUD and NZD, in that order, while it was higher only against JPY. The greenback was stable vs NOK, EUR, GBP and CHF. The Swedish krona appreciated against the dollar after the country’s retail sales rose 1.9% mom in August, a rebound from -1.1% mom previou…
Carry trades diminish as prospects of US economy improve FXstreet.com News1d 7h 36m
The Australian Dollar has been cut by 6.3% against the greenback, due to the hawkish comments from the Fed committee about an early interest rate hike. This is playing in the favour of the Australian Dollar, as the overvalued (by historical standards) is starting to normalise, which will help the export market. However, due to the commodity prices being weak (from firms flooding the market with hi…
 
AUDUSD loses 8% of its value this month FXstreet.com News1d 8h 5m
A ForexTrading.TV Technical Analysis Video Alert for AUDUSD
AUDUSD: 0.8865-0.8880 on the upside, 0.8660- 0.8675 on the downside FXstreet.com News1d 8h 27m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT): EURUSD: 1.2805 -1.2820 on the upside, 1.2570-1.2585 on the downside. AUDUSD: 0.8865-0.8880 on the upside, 0.8660- 0.8675 on the downside. USDJPY: 110.10-110.25 on the upside, 108.05-108.20 on the downside. GBPUSD: 1.6340-1.6355 on the upside, 1.6155-1.6170 on the downside. US…
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News1d 9h 23m
Analysis for September 29th, 2014 EUR USD, “Euro vs US Dollar” Euro is still moving close to its lows; the pair hasn’t been able to continue forming an ascending impulse yet. We think, today the price may reach new lows and level of 1.2650. Later, in our opinion, the market may try to form another ascending impulse. The price has been falling for a long time, it has already reached the targets and…
 
Weekly Forex Preview: 29 September – 03 October FXstreet.com News1d 9h 32m
The last full trading week of the month of September saw the Forex markets driven by Central bank speeches and some fundamental data. Commodity risk currencies were mixed across the board with the Aussie and Kiwi dollar succumbing to verbal interventions by their respective central bank governors. The US Dollar found renewed strength as it continued its bullish trend through the week. Eurozone Fun…
AUD/USD - Challenging its strong support at 0.8660 FXstreet.com News1d 10h 41m
EUR/USD Challenging a strong support area. EUR/USD has broken the strong support at 1.2755 and is now challenging the one at 1.2662. The short-term momentum is negative as long as prices remain below the hourly resistance at 1.2901 (23/09/2014 high). An initial resistance can be found at 1.2816 (22/09/2014 low). In the longer term, EUR/USD is in a succession of lower highs and lower lows since May…
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/NZD - SEB FXstreet.com News1d 11h 9m
The following are the intraday outlooks for EUR/USD, GBP/USD, USD/JPY, and AUD/NZD as provided by the technical strategy team at SEB Group. EUR/USD: Failed to take out 1.2765. The upside correction attempt basically ended before getting started as selling ahead of 1.2765 prevented the buy signal from getting triggered. Prices have thereafter resumed its descent hitting a fresh trend low close to t…
 
AUD/USD - Forming a Shooting Star DailyForex - Technical Analysis1d 12h 42m
The AUD/USD pair initially broke higher during the course of the day on Friday, but ran into the 0.88 level and pullback. That area was once a supportive level and as a result it makes sense that the market would find it to be resistance.
Weekly Wrap: Leaders and Laggards FXstreet.com News1d 12h 52m
A snapshot view of last week's money flow and technical notes for the week ahead. KEY EVENTS THIS WEEK: AUD: Retail Sales; Building Approvals; Trade Balance CAD: GDP; Trade Balance CNY: Final PMI; Manufacturing PMI EUR: GER PMI; EUR Flash Estimate; Minimum Bid Rate; ECB Press Conference GBP: Current Account; Manufacturing PMI; Construction PMI; Services PMI JPY: Retail Sales; Tenkan Non/Manufactur…
Aussie and NZ Dollars Drop on Hong Kong Turmoil, RBNZ Intervention FXstreet.com News1d 13h 0m
The Australian and New Zealand Dollars fell as turmoil in Hong Kong fueled risk aversion while the RBNZ said it sold the most of the local unit in 7 years last month. Talking Points: Aussie and NZ Dollars Drop on Hong Kong Turmoil, RBNZ FX Intervention Euro May Be Asymmetrically Sensitive to Upbeat German Inflation Figures See Economic Releases Directly on Your Charts with the DailyFX News App The…
Aussie and NZ Dollars Drop on Hong Kong Turmoil, RBNZ Intervention Daily FX1d 16h 5m
The Australian and New Zealand Dollars fell as turmoil in Hong Kong fueled risk aversion while the RBNZ said it sold the most of the local unit in 7 years last month.
 
GBP/USD: Short at 1.6300 for 1.6052; revised stop at 1.6315 FXstreet.com News1d 13h 43m
Majors EUR/USD: SHORT AT 1.2940 FOR REVISED 1.2611; REVISED STOP AT 1.2821 USD/JPY: LONG AT 108.60 FOR 110.67, REVISED STOP AT 108.22 GBP/USD: SHORT AT 1.6300 FOR 1.6052; REVISED STOP AT 1.6315 USD/CHF: LONG AT .9355 FOR REVISED .9569, REVISED STOP .9430 AUD/USD: SELL AT .8769 FOR .8544; STOP AT .8845 USD/CAD: LONG AT 1.1086 FOR 1.1279; REVISED STOP AT 1.1080 Crosses EUR/JPY: SHORT AT 138.74 FOR 1…
EURJPY: 139.40-139.55 on the upside, 138.00-138.15 on the downside FXstreet.com News1d 13h 51m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT): EURUSD: 1.2805 -1.2820 on the upside, 1.2605-1.2620 on the downside. AUDUSD: 0.8855-0.8870 on the upside, 0.8665-0.8680 on the downside. USDJPY: 109.75-109.90 on the upside, 108.15-108.30 on the downside. GBPUSD: 1.6380-1.6395 on the upside, 1.6165-1.6180 on the downside. USD…
Technical Setups For EUR/USD, USD/JPY, GBP/USD, AUD/USD - Credit Suisse FXstreet.com News1d 14h 11m
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Credit Suisse. EUR/USD: Removed our target support zone at 1.2787/55. EURUSD has broken below our core target zone at 1.2787/55 – the 61.8% retracement of the entire 2012/14 bull trend and July 2013 low. We are wary that prices are becoming exhausted near term, and…
 
NZD/USD Falls Sharply Below 0.7750 as RBNZ Sells Currency FXstreet.com News1d 14h 58m
New Zealand’s currency dropped to its lowest in a year after the central bank said its sales of the currency in August were the most in seven years. The dollar headed for its biggest monthly gain since 2012 against peers. The kiwi dropped against all 31 major counterparts as Prime Minister John Key was reported saying the currency needs to be weaker. The Aussie dollar slid to levels last seen in J…
Another bad start to the week for AUDUSD FXstreet.com News1d 16h 4m
It has been a horrendous month for AUDUSD with the pair falling around 6.4% since the beginning of September, making the aussie the worst performing currency against the USD over this period. For many analysts and the RBA, the recent sell-off of the Australian dollar seemed inevitable. Falling commodity prices, a slowing Chinese economy, and the loosest monetary policy in the history of the RBA ar…
Daily Forex Chart Art – Sept. 29, 2014 FXstreet.com News1d 16h 53m
GBP/AUD: 1-hour Check out this rising wedge forex pattern forming on GBP/AUD’s 1-hour time frame! Could this be a sign that buyers are losing strength? Stochastic is still climbing, which indicates that there might be a bit of buying pressure left to push the pair to the top of the wedge near the 1.8700 major psychological level. If this holds as resistance, the pair could make another test of the…
 
AUD Weekly Market Watch 29/09/2014 FXstreet.com News1d 18h 22m
Last Week recap EUR/USD Extended its losses last week, trading at a level not seen since November of 2012. The rate was pressured by expectations of tightening by the Federal Reserve, the beginning of additional stimulus measures in the Eurozone, and mixed data from both economies. The rate began the week rising fractionally on Monday after U.S. Existing Home Sales came out at +5.05M versus +5.21M…
AUD/USD – Trading at Seven Month Low Around 0.8750 FXstreet.com News1d 19h 33m
The last few weeks has seen a strong decline for the Australian dollar moving from close to 0.94 down to below 0.88 and a seven month low in the process.&nbsp; A couple of weeks ago the Australian dollar found some much needed support at 0.8950 and rallied back up to just shy of the key 0.90 level before resuming its decline.&nbsp; The long term key level at 0.90 was called upon to desperately pro…
US Dollar strengthens amid stocks rally – But markets remain on tenterhooks FXstreet.com News1d 20h 15m
Last week’s saw tooth pattern was a worry to me as much as the bg ranges we are starting to see in USDJPY and the weakness in AUDUSD. It all looks a bit wobbly to me. Of course regular readers know I have held the “stability leads to instability” view for a while now. But it looks like my theory could be gaining currency as the market heads toward the start of October – the month when the Fed will…
 
AUD Eyes 2014 Low As Yield Appeal Wanes Amid Volatility Swell FXstreet.com News1d 20h 20m
Fundamental Forecast for Australian Dollar: Bearish AUD/USD Remains Exposed As Volatility Swell Saps Carry Demand High Threshold For Upcoming Regional Data To Catalyze A Recovery Bearish Technical Signals Leave Sights Set On 2014 Lows Near 0.8660 The Australian Dollar faced another week of heavy selling pressure as traders likely unwound carry trades amid of a surge in market volatility. Further, …
Chinese jitters weigh on the AUD FXstreet.com News1d 20h 46m
Australian Dollar: The AUD starts the week off much weaker amid ongoing economic growth concerns for China. The Aussie opens this morning buying 87.69 U.S cents, trending downwards during Friday’s session after an index of unfavourable economic indicators were reported for Australia’s largest trading partner. In addition, falling commodity prices and mounting expectations for the Federal Reserve t…
Aus Dollar Exchange Rate Today - GBP AUD Gains Reverse, Australian Dollar Recovers vs Euro & US Dollar Currency News1d 22h 18m
The British Pound to Australian Dollar exchange rate (GBP/AUD) continued Friday's positive direction today as Sterling’s conversion levels remain volatile in the face of the possibility of the UK entering into the conflict in the Middle East. The Australian Dollar has fallen in recent weeks as investor risk sentiment wanes amid... [...]
 
AUD/USD: October 2014 Forecast DailyForex - Technical Analysis2d 4h 48m
The AUD/USD pair had a nationally horrible month for September. We sliced through the 0.90 level first, and then crashed through the 0.88 level next.
AUD Eyes 2014 Low As Yield Appeal Wanes Amid Volatility Swell Daily FX3d 14h 37m
The Australian Dollar faced another week of heavy selling pressure as traders likely unwound carry trades amid of a surge in market volatility.
AUDUSD - Selling pressure on the market FXstreet.com News4d 3h 43m
A ForexTrading.TV Technical Analysis Video Alert for AUDUSD
 
ASX 200 index confirms bearish reversal FXstreet.com News4d 4h 1m
The ASX 200 lost more than 350 figures during the last month. Should investors be worried or this is just another “buy-the-dip” opportunity? On July 25th we showed you a forecast of the ASX 200 index, where we assumed, that the Australian index is in the final stages of an ending diagonal. That is why we were expecting a reversal to the downside soon. Now, two months later, it looks like the ASX 2…
AUDUSD: Next Week's Trade Depends on Break of Short-Term Wedge Pattern FXstreet.com News4d 5h 42m
Heading into the final trading session of the week, the US Dollar index is on track for its 11th consecutive weekly gain, extending its longest winning streak since the currency became free floating in 1973. While this is undoubtedly the strongest trend in the market right now, there are risks to the buck’s rally heading into next week. From a fundamental perspective, if next Friday’s high-impact …
AUDUSD: Faces Consolidation Threats FXstreet.com News4d 6h 10m
AUDUSD - With the pair’s failure to recapture the 0.9085 level triggering price consolidation, more downside pressure could be building up. Support lies at the 0.8926 level and then the 0.8900 level. However, in case it fails to follow through lower, expect AUDUSD to retake the 0.9080/5 levels. A cut through here will resume its short term uptrend towards the 0.9150 level where a break will pave t…
 
EUR/AUD, GBP/AUD Threaten to Break 2014 Downtrends Daily FX4d 8h 3m
The European currencies have been getting punished by the US Dollar the past few weeks. Is it time for the commodity currencies to take the lead?
GBPUSD: 1.6410-1.6425 on the upside, 1.6225-1.6240 on the downside FXstreet.com News4d 8h 6m
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT): EURUSD: 1.2865 -1.2880 on the upside, 1.2650-1.2665 on the downside. AUDUSD: 0.8945-0.8960 on the upside, 0.8690- 0.8705 on the downside. USDJPY: 109.60-109.75 on the upside, 108.10-108.25 on the downside. GBPUSD: 1.6410-1.6425 on the upside, 1.6225-1.6240 on the downside. US…
Safe-Haven Flows Dominate FXstreet.com News4d 8h 18m
Forex News and Events Global risk appetite is weak driving capital to safe-haven trades, in the Asian session after yesterday’s US tech led sell-off. Asian equity markets are broadly weaker with Australian and Japan seeing the largest losses (-1.28% and -0.88% respectively). Rumors (sources quote the Russian State Duma’s Web site) that a law in Russia is being drafted which will allow the seizure …
 
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold FXstreet.com News4d 9h 20m
Analysis for September 26th, 2014 EUR USD, “Euro vs US Dollar” Euro has extended another descending structure; yesterday the pair started forming an ascending impulse. We think, today the price may reach level of 1.2780 and then fall towards level of 1.2736. After such pattern, we’ll estimate whether the pair may form a reversal pattern and start a new ascending wave. The first target is at level …
Intra-Day Market Moving News and Views USD/JPY FXstreet.com News4d 9h 47m
Intra-Day Market Moving News and Views 26 Sep 2014 08:42GMT USD/JPY - ...... Despite the greenback's initial weakness to 108.48 in Australia, renewed buying emerged there n pushed the pair higher. Dlr rose to 109.11 ahead of Asian open, n then higher to 109.16 in Asian morning on comments from Japan's Shiozaki. However, price pared its gains and retreated briefly but sharply to 108.85 b4 reboundin…
AUDUSD stable below 0.88, bears look for key 0.8658 support FXstreet.com News4d 10h 56m
EURUSD The Euro maintains negative sentiment, with yesterday’s probe below 1.27 support, leaving fresh low at 1.2696. Corrective bounce is not expected to show stronger attempts higher, as near-term technicals remain negative and favor fresh weakness and attack at 1.2675/60 targets, Fibonacci 200% expansion of the wave from1.3699, 01 July lower top and Nov 2012 low. Break and weekly close below th…
 
AUDUSD Could Look For A Temporary Support At 0.8700-0.8750 FXstreet.com News4d 11h 8m
AUDUSD is at the lows, it's weakening within wave 3 that should be made by five subwaves. Well, in the last few sessions we have seen a break to a new low with current price trading towards 261.8% Fibonacci extension level that comes in around 0.8750/60. That's very close so market can be now in final stages of wave 3, especially if we consider a divergence on the MACD. With that said, traders sho…
EUR/AUD 1H Chart: Channel Up FXstreet.com News4d 11h 19m
EUR/AUD 1H Chart: Channel Up Comment: EUR/AUD found a reliable support at 1.38 that pushed the pair higher, after the Europe’s shared currency plummeted at the beginning of September. In the later part of the up-trend the pair started to form a bullish channel. At the moment, the pair is strengthening towards the upper trend-line of the pattern around 1.46 mark. Since this is a reversal pattern th…
AUD/USD-Australian dollar correlation DailyForex - Technical Analysis4d 12h 18m
The AUD/USD pair fell hard during the course of the day on Thursday, breaking below the 0.88 level.
 
GBPAUD bulls continue to conquer FXstreet.com News4d 12h 51m
As we approach the weekend I suggest this is a chart you should keep in your watchlists for next week (and beyond) for bullish setups. Since breaking through the upper Channel and 200MA, GBPAUD hasn't looked back. At this rate we could be hitting 2AUD within a couple of weeks, however I expect price to stall around the 1.88 and leading up to 1.91 areas of resistance, so this may see a slow-down in…
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