Browsing all articles tagged with Building Approvals m/m
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.

May
29

AUD/USD D1 Technical May 29

Aussies is under pressure. Pair manage to break its support 0.9590 level and dropped around 65 pips. Bollinger bands are much tighten due to oversold of AUD/USD. But as support is broken, which is indicating more bearish strength so it is important to see price action on 0.9536 level.

If AUD/USD manage to hold 0.9536 level and H4 candle chart close above this level then it will provide bullish strength to AUD/USD and pair will then move upward.

On the contrary, If AUD/USD fails to hold its support and H4 candle close below 0.9536 then it will provide a valid sell entry target towards 0.9350 level.

High impact News of AUD can affect the movement of Aussies. News like Building Approvals m/m, Private Capital Expenditure q/q.

Apr
3

AUD/USD D1 Technical April 03

Aussies still have some strength to move up and test its resistance at 1.0493 level. Pair is expected to target 1.0493 level and then fall toward southward. Price action on this level should be carefully watch, If AUD/USD manage to break its resistance and H4 candle close above 1.0493 then pair will get more bullish strength and continue its uppish trend.

High impact News can affect the move of AUD/USD. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Building Approvals m/m, Retail Sales m/m.

Dec
3

AUD/USD D1 Technical December 03

Pair is still in bearish mood. Today pair will test its support at 1.0360-65 level. If Aussies get bounces at this level, its mean bulls are ready to take pair up to 1.0450-70 respectively.
High impact Data’s can affect the pair. Data’s like Building Approvals m/m, Cash Rate, RBA Rate Statement and ISM Manufacturing PMI.

Oct
3

AUD/USD D1 Technical October 3

According to our  previous analysis AUD/USD break its support 1.0279, and fall down to target 1.0177. Due to oversold, Bollinger bands are not showing clear signals for the pair. It is very important to watch the price action on 1.0177, break through this will take it more down to target 1.0100-1.0130.
lately some  high impact news are there to impact the pair like Building Approvals m/m, Retail Sales m/m, ADP Non-farm Employment Change.