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audusd

AUDUSD testing major resistance, prepare for a potential reversal!

AUDUSD is testing major resistance at 0.7867 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) and a strong reaction could occur at this level to push price down to 0.7804...

AUDUSD has reached our target, prepare for a potential bounce!

AUDUSD has dropped perfectly as forecasted towards our major support. Now we’re seeing major support at 0.7891 (Fibonacci retracement, horizontal overlap support, bullish divergence) and a strong...

AUDUSD testing strong resistance, prepare for a potential drop!

AUDUSD is testing major resistance at 0.7934 (Fibonacci retracement, horizontal overlap resistance) and a strong reaction could occur at this level to push price down to 0.7890 support (Fibonacci...

AUDUSD rising nicely, potential for further rise!

AUDUSD continues to rise nicely after breaking out of our major resistance-turned-support level at 0.7844. A further rise could occur pushing price all the way up to 0.7902 resistance (Fibonacci...

AUDUSD breaking out nicely, potential further rise!

AUDUSD has broken out of our major resistance shooting up strongly. A further rise could occur pushing price all the way up to 0.7902 resistance (Fibonacci retracement, horizontal overlap resistance)....

AUDUSD testing major resistance, watch for a bullish break!

AUDUSD is testing major resistance at 0.7844 (23.6% Fibonacci retracement, horizontal overlap resistance, channel exit potential) and only a clean break above 0.7844 resistance could...

AUDUSD forming a double bottom, potential reversal!

AUDUSD has formed a really interesting setup since yesterday. After recovering, it has started to form a double bottom reversal. Coupled with the bullish exit of our descending...

AUDUSD forming a bearish breakout, possible shorting opportunity!

AUDUSD has dropped strongly and broken our major support-turned-resistance level at 0.7897 (horizontal overlap resistance, breakout resistance, strong bearish channel) and a strong drop could occur...

AUDUSD dropped perfectly to our support, prepare for a potential bounce!

AUDUSD has dropped absolutely perfectly to our major support level before bouncing nicely. We now look for a potential bounce above major support at 0.7899 (Fibonacci retracement, horizontal overlap...