Browsing all articles tagged with Monetary Policy Meeting Minutes
Jun
17

AUD/USD Technical June 17

AUD/USD is trading in a range of 0.9525-0.9696 level. Bollinger bands are showing sell signals for the pair. Price action on 0.9696 level should be carefully watch. If price reached to this level and get a pull back then it will indicate bearish strength and Aussies will then start moving towards 0.9580-60-25 level respectively.

On the other hand, If AUD/USD manage to break through 0.9696 level and H4 or D1 level closure above this level then AUD/USD will further move upward and target 0.9840 level.

High impact News can change the scenario. News like Monetary Policy Meeting Minutes.

May
20

AUD/USD D1 Technical May 20

Aussies is under pressure. Bollinger bands are not providing clear signals due to oversold of AUD/USD. Pair is likely to move up for retracement. AUD/USD will first move up and face its resistance at 0.9825 level.

Price action on this level should be carefully watch. If pair manage to break this level and H4 candle closure above 0.9825 level then it will indicate pair got more bullish strength and AUD/USD will then further move upward.

On the contrary, If AUD/USD fails to break its resistance and H4 candle close below 0.9825 level, then pair will again start bearish movement.

High impact News of AUD can affect the movement of Aussies. News like Monetary Policy Meeting Minutes.

Mar
18

AUD/USD H4 Technical March 18

AUD/USD is in bearish mood today, pair is likely to test its support at 1.0330 level. Bollinger bands are also providing sell signals for the pair. If pair manage to break through this level and H4 candle close below 1.0330 level then it will allow Aussies to move further southward.

On the other hand, if AUD/USD manage to hold its support level and H4 candle close above 1.0330 then pair is expecting to again move northward and target 1.0400-25 level.

High impact Data of AUD can change the scenario. Data like Monetary Policy Meeting Minutes.

Feb
18

AUD/USD D1 Technical February 18

Last Friday Aussies didn’t manage to close above 1.0375 resistance level and got a pullback. The outlook for the pair is bearish now, But as long as pair hold 1.0200 level. We are expecting pair to move upward. If today pair manage to break 1.0375 level and give a day closure above this level, this will indicate AUD got more bullish potential and pair will then further move towards north and target 1.0430 level.

High impact Data can affect the Trend of AUD/USD. Data like Monetary Policy Meeting Minutes.

Dec
17

AUD/USD D1 Technical December 17

The outlook for Aussies is bearish for today. Pair will test its support at 1.0514-08 levels. If pair breaks 1.0500 level and give a closure below 1.0500 level, it will give more strength to pair and AUD/USD will then move towards Southward.

High impact Data can affect the trend of AUD/USD. Data like Monetary Policy Meeting Minutes.

Nov
19

AUD/USD D1 Technical November 19

After getting a strong pull back from 1.0290 level, pair continue its northward movement and now testing its resistance at 1.0390-400 level. Breakthrough of this level will take Aussies high and it will target 1.0450-70 levels respectively.
High impact data’s can effect the movement of AUD/USD. Data’s like Monetary Policy Meeting Minutes and Existing Home Sales.

Oct
15

AUD/USD D1 Techenical October 15.

On Friday session, pair fall down around 80 pips when it touched 1.0291 level. The pair has good support around 1.0165. Near term outlook for Aussies is bearish. As long as 1.0165-70 level there we can see northward movement of the Pair. Bollinger bands are now showing clear signals.
High impact News can affect the movement of AUD/USD, News like Monetary Policy Meeting Minutes,  Core Retail Sales m/m and Retail Sales.