AUD/USD towards 0.6220 after encouraging CPI data
The monthly CPI data is not the critical piece of information, that is the quarterly data due on January 29. Still, though, there is encouragement...
Tag : AUDUSD
AUDUSD tests 100/200 hour MA target area
The AUD/USD has reached a new low, testing the 200-hour moving average at 0.6225 and the 100-hour moving average at 0.6227. These levels are pivotal...
AUDUSD buyers failed again. Stronger US data sends the pair back down with MAs targeted
The AUDUSD bottomed for 2024 on the very last day of the trading year (which is unique). The price bounced higher off that low and...
A technical look at the AUDUSD & the NZDUSD. What levels are defining risk, bias & targets
In the video above, I take a look at both the AUDUSD and NZDUSD. Both pairs moved lower into the yearend reaching new lows for...
AUD/USD Mid-Day Report – Action Forex
Daily Pivots: (S1) 0.6196; (P) 0.6210; (R1) 0.6232; More... AUD/USD’s extended rebound and break of 0.6273 resistance suggests short term bottoming at 0.6178, on bullish...
AUD/USD Forecast: Aussie Bounces Back as Dollar Bulls Fade
The US will release key figures showing the country’s employment state. Markets remain uncertain about the looming shift in leadership in the US. Economists expect...
AUD/USD Signal Today 06/01: Falling Wedge Rebound (Chart)
Created on January 06, 2025 Bullish View Buy the AUD/USD pair and set a take-profit at 0.6250. Add a stop-loss at 0.6150. Timeline: 1-2 days....
AUD/USD Weekly Forecast: Neutral Bias Amid Subtle Policy Shifts
The Fed and the Reserve Bank of Australia will remain cautious this year. US unemployment claims unexpectedly fell, indicating a resilient labor market. Business activity...
AUD/USD Forecast Today 02/01: Breaks Below Support (Video)
Created on January 02, 2025 The Aussie dollar broke down a bit during the trading session on Tuesday, breaking below the 0.62 level for the...
AUD/USD Signal Today – 02/01: Bearish Price Trend (Chart)
Created on January 02, 2025 My previous signal last Thursday was not triggered as none of the key support or resistance levels were reached that...