Tag: AUDUSD
• AUDUSD under bearish pressure • Likely to fall to support level 0.6200 AUDUSD under the bearish pressure after the earlier breakout of the support zone lying at the intersection of the support level 0.6400 (low of the earlier impulse wave (i)) and the support trendline of the daily down channel from April. The breakout […]
• AUDUSD broke key support level 0.6500 • Likely to fall to support level 0.6300 AUDUSD currency pair recently broke the key support level 0.6500 coinciding with the support trendline of the wide down channel from the middle of April. The breakout of the support level 0.6500 accelerated the active short-term impulse waves iii and […]
• AUDUSD broke key support level 0.6700 • Likely to fall to support level 0.6600 AUDUSD currency pair recently broke the key support level 0.6700 (previous monthly low from July, which also reversed the pair earlier this month). The breakout of the support level 0.6700 continues the (c)-wave of the intermediate B-wave from the start […]
• AUDUSD broke daily up channel • Likely to fall to support level 0.6870 AUDUSD recently broke the support trendline of the daily up channel, inside which the pair has been rising from the middle of July. The breakout of this up channel continues the active multi-impulse downward sequence made out of the impulse waves […]
• AUDUSD broke resistance level 0.7050 • Likely to rise to resistance level 0.7150 AUDUSD currency pair recently broke the key resistance level 0.7050 (top of the earlier wave A from the start of August). The breakout of the resistance level 0.7050 coincided with the breakout of the Fibonacci cluster made out of the 50% […]
• AUDUSD broke key resistance level 0.6870 • Likely to rise to resistance level 0.6960 AUDUSD currency pair recently broke above the key resistance level 0.6870 (which stopped wave (iv) at the start of this month). The breakout of the resistance level 0.6870 coincided with the breakout of the 50% Fibonacci correction of the downward […]
• AUDUSD reversed from resistance level 0.6850 • Likely to fall to support level 0.9870 AUDUSD currency pair recently reversed down from the key resistance level 0.6850 (former strong support which reversed the pair sharply in May and June). The downward reversal from the resistance level 0.6850 stopped the earlier minor ABC correction (ii). Given […]
• AUDUSD reversed from resistance level 0.7265• Likely to fall to support level 0.7200 AUDUSD today reversed down exactly from the key resistance level 0.7265 (top of the previous minor correction (iv) from last month) intersecting with the 50% Fibonacci correction of the downward impulse 1 from April and the upper daily Bollinger Band. The […]
• AUDUSD broke resistance level 0.71000• Likely to rise to resistance level 0.7250 AUDUSD currency pair recently broke the resistance level 0.7100 (which stopped the earlier minor wave A) intersecting with the 61.8% Fibonacci correction of the downward impulse 5 from the start of May. The breakout of the resistance level 0.71000 accelerated the C-wave […]
• AUDUSD reversed from resistance area• Likely to fall to support level 0.700 AUDUSD recently reversed down from the resistance area lying at the intersection of the resistance level 0.7050, 20-day moving average and the 50% Fibonacci correction of the impulse wave 1 from the start of May. The downward reversal from this resistance area […]