Browsing all articles in AUD/USD
Jul
8

AUD/USD D1 Technical July 08

AUD/USD is under pressure. Pair is trading near 0.9050 level. Pair is expected to continue its bearish trend and target 0.9030-00 level. Bollinger bands are not providing clear signals for the pair. Price action on 0.9000 level should be watch.

If AUD manage to hold this level and get a bounce then it will indicate pair has some bullish strength that will allow pair to continue its uppish movement, On the contrary, If pair fails to hold its support level and D1 candle closure below this level then it will indicate more bearish strength and pair will then continue its bearish trend.

Jul
5

AUD/USD D1 Technical July 05

Yesterday Aussies manage to break its resistance 0.9107 and target 0.9175 level. Today’s resistance is at 0.9190 level. Pair is expected to break this level and test its next resistance around 0.9250-80 level. Price action on 0.9250 level should be carefully handle.

If AUD/USD manage to break through its resistance 0.9190 level and H4 candle closure above this level then it will indicate bullish strength that will take AUD further up towards 0.9250-80 level.

The scenario will be vanished. If pair didn’t manage to hold its support level 0.9107 level and H4 candle closure below this level then pair will start moving southward and target will be 0.9050 level.

High impact News can change the scenario. News like Non-Farm Employment Change, Unemployment Rate.

Jul
3

AUD/USD D1 Technical July 03

Aussies is under pressure. Bollinger bands are not providing clear signals due to oversold of AUD/USD. In early Asian session pair get a pull back and target 0.9050 level. Price action on 0.9050 level should be carefully watch.

If AUD/ USD manage to break this level and H4 candle closure below support level then it will show bears are still dominant and pair will continue to fall towards southward.

On the other hand. If pair manage to hold its support level and H4 candle closure above 0.9107 level then pair will start moving towards northward.

High impact News can affect the movement of AUD/USD. News like ADP Non-Farm Employment Change, Trade Balance, Unemployment Claims, ISM Non-Manufacturing PMI, Building Approvals m/m.

Jul
2

AUD/USD D1 Technical July 02

Aussies is under pressure.  In early Asian session pair get a pull back from 0.9250 level and target around 100 pips. The trend is still bearish for the pair. Price action on 0.9150 level should be carefully watch.

If AUD/USD manage to break through its support level and H4 candle closure below this level then it will indicate more bearish strength that will allow pair to face again 0.9100 level.  Break of 0.9100 level will further open gates towards southward.

On the other hand. If pair manage to hold its support 0.9150 level then AUD/USD will again start moving towards north and target will be 0.9260-300 level.

High impact News can affect the movement of AUD/USD. News like Retail Sales m/m, Trade Balance, RBA Gov Stevens Speaks.

Jun
27

AUD/USD D1 Technical June 27

Yesterday in late New York session Aussies manage to move up and test 0.9350 level but fails to break it and get a strong pull back  and target around 100 pips. Bollinger bands are not providing clear signals yet. But price action on 0.9350 level should be watch.

If AUD/USD manage to break this level and H4 candle closure above resistance then it will indicate more bullish strength and pair will then continue its upward movement.

On the other hand, If pair get a pull back and H4 candle closure below resistance level then pair will rapidly fall towards 0.9200 level.

High impact News can affect the trend of AUD/USD. News like Unemployment Claims, Pending Home Sales m/m.

Jun
26

AUD/USD D1 Technical June 26

Yesterday Aussies move up and test its physical level at 0.9300.  Bollinger bands are providing clear signals due to oversold of pair. Now price action on 0.9180 which is today’s support should be watch.

If AUD/USD manage to break through this level and h4 candle closure below support then it will indicate pair have lack of bullish strength that will allow AUD/USD to further move southward and target 0.9120 level.

On the contrary, If pair manage to hold its support level 0.9180 level and H4 candle close above support then pair will move towards northward and target 0.9300 level.

Jun
25

AUD/USD D1 Technical June 25

Bollinger bands are not showing clear signals yet due to oversold of AUD/USD. The outlook remain bearish as pair is under pressure. There can be retracement towards 0.9318 level.

Price action on 0.9318 level should be carefully watch. If Aussies manage to reached that level and H4 candle closure below 0.9318 then it will indicate bearish strength and pair will then again start moving towards south and target will be 0.9180 -120  level respectively.

This scenario will be vanished. If pair fails to hold its support level 0.9180 and H4 candle closure below support level then pair will rapidly fall towards 0.9120-100 level respectively.

High impact News can change the scenario. News like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.

Jun
24

AUD/USD D1 Technical June 24

Bollinger bands are not providing clear signal because of oversold. Now the support is at 0.9160 level and resistance is around 0.9318 level. Pair  is expected to move down and test its support first.

Price action on this level should be carefully watch. If Aussies manage to break through its support level and H4 candle closure below 0.9160 level then it will indicate more bearish potential and AUD/USD will then continue its bearish trend and target 0.9100 level.

On the contrary, If pair manage to hold its support level and get bounce then pair will start to move towards northward and target 0.9318 level.

Jun
19

AUD/USD D1 Technical June 19

Aussies is under pressure. Today’s resistance is at 0.9525 level. Bollinger bands are showing sell signals for the pair. Price action on 0.9525 level should be carefully handle. There can be two scenarios.

First, If AUD/USD manage to break through 0.9525 level and H4 candle closure above resistance level then it will indicate  pair got some bullish strength that will allow pair to further move upward and target 0.9580 level.

Secondly, If pair got a pull back from 0.9525 level and H4 candle closure below 0.9510 level then AUD/USD will start falling and target will be 0.9430-400 level.

High impact News can change the scenario. News like FOMC Economic Projections, FOMC Statement, FOMC Press Conference.

Jun
18

AUD/USD D1 Technical June 18

 

Aussies is under pressure. In early Asian session pair dropped towards southward and target around 141 pips upto now. Bollinger bands are showing sell signals. But price action on 0.9423-400 level should be watch.

If AUD/USD manage to hold its support level and H4 candle closure above this level then it will provide a valid buy entry point. On the other hand, If AUD/USD fails to hold its support level and H4 or D1 candle chart closure below 0.9400 level that will indicate more bearish strength that will allow AUD to retest again its next support 0.9330-300 level.

High impact News can change the scenario. News like Building Permits, Core CPI m/m.