AUDUSD Market Analysis

Offline
09-29-2016, 09:31 PM, (This post was last modified: 10-04-2016, 12:00 AM by ForexMart Supporter.)
#1
resim


The AUDUSD pair shows some bearish bias now after attempting to breach 0.7700 barrier this morning, to approach from retesting the previously breached main resistance that turns into support now at 0.7630, and as we mentioned this morning, holding above this level and above 0.7595 keeps our bullish overview valid for the upcoming period, waiting to target 0.7833 followed by 0.8115 levels mainly.

Expected trading range for today is between 0.7630 support and 0.7833


Possibly Related Threads...
Acy - Analisa Market
Firewoodfx - Daily Market News
Forextime Daily Market Analysis
Adamant Finance - Daily Analysis
Instaforex Daily Analysis
"fort Financial Services"- Fundamental And Technical Analysis
Daily Market Analysis From Forexmart
Daily Forex Analysis From Fideliscm
NewForex — The technical analysis of Forex Market
EURUSD Market Analysis
Offline
09-30-2016, 09:39 PM,
#2
The AUDUSD pair continued its negative trading to test the key support 0.7595, and as we mentioned this morning, this level represents one of the next trend keys besides 0.7630 resistance, and the price needs to breach one of them to detect its next destination clearly, especially that the contradiction is clear between stochastic positivity and the EMA50 negativity.

Therefore, we will continue with our neutrality until we get clearer trend signal for the next trend, and for more details about the expected targets after the breach, please review our morning report.

Expected trading range for today is between 0.7500 support and 0.7750
Offline
10-04-2016, 12:01 AM,
#3
The AUDUSD pair keeps its stability above 0.7620 level and shows slight positive trading now, which supports the continuation of our bullish overview for the upcoming sessions, and the way is open to head towards our first main target at 0.7833, which breaching it represents the key to extend the bullish bias towards 0.8115.

Therefore, we will continue to suggest the bullish trend unless breaking 0.7620 followed by 0.7595 levels and holding below them.

Expected trading range for today is between 0.7580 support and 0.7800
Offline
10-04-2016, 03:14 PM,
#4
The AUDUSD pair continued to rise slightly yesterday to move away from the key support levels located between 0.7615 and 0.7595, and as long as the price is above these levels, our bullish overview will remain valid and active for the upcoming period, which gets positive support by the EMA50.

Our waited targets begin at 0.7833 and extend to 0.8115, noting that the price might be forced for some temporary sideways fluctuation until it manages to gain enough positive momentum to rally towards the mentioned targets.

Expected trading range for today is between 0.7595 support and 0.7800
Offline
10-05-2016, 03:48 PM,
#5
The AUDUSD pair retested the previously breached resistance that turns into support now at 0.7610 and keeps its stability above it, accompanied by stochastic reach to the oversold areas, which supports the chances of bouncing upwards to resume the bullish trend on the intraday and short term basis, as the price is testing the EMA50 that forms intraday resistance at 0.7640.

Therefore, the bullish trend will remain suggested in the upcoming sessions conditioned by the price stability above 0.7610 and 0.7595 levels, reminding you that our waited targets begin at 0.7833 and extend to 0.8115.

Expected trading range for today is between 0.7595 support and 0.7800
Offline
10-06-2016, 05:04 PM,
#6
The AUDUSD pair settles near the key support 0.7595, and as long as the price is above this level, our bullish overview will remain valid and active, waiting to visit 0.7833 level mainly.

Note that breaking 0.7595 level will complete forming a bearish pattern that has the ability to stop the positive scenario and push the price to decline towards 0.7448 initially.

Expected trading range for today is between 0.7530 support and 0.7730
Offline
10-10-2016, 11:32 PM,
#7
The AUDUSD pair opened today's trading with bullish gap that put the price above 0.7595 level, but we notice that last week closing was below this level, which keeps our bearish overview valid for the upcoming period, especially that the EMA50 keeps pushing negatively on the price.

Therefore, we are waiting for negative trading for today, and the main targets begin at 0.7448, noting that breaching 0.7595 – 0.7615 levels will stop the suggested decline and lead the price for recovery attempts on the short term basis.

Expected trading range for today is between 0.7470 support and 0.7650
Offline
10-11-2016, 11:09 PM,
#8
The AUDUSD pair continues to decline since morning to move away from 0.7595 level, reinforcing our expectations of continuing the bearish trend in the upcoming period, and the way is opened to visit 0.7448 level that represents the next main target.

The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 0.7595.

Expected trading range for today is between 0.7448 support and 0.7625
Offline
10-13-2016, 12:30 PM,
#9
The AUDUSD pair bounced bearishly yesterday after testing 0.7595 resistance to test the key support 0.7520 now, reminding you that these levels represent the next trend keys, as the price needs to breach one of them to detect its next track clearly, to keep our neutrality valid until now.

The contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality, reminding you that breaking the mentioned support will push the price towards more decline that targets 0.7448 followed by 0.7329 levels mainly, while breaching 0.7595 will lead the price for recovery attempts that target begin at 0.7833 and extend to 0.8115.

Expected trading range for today is between 0.7400 support and 0.7650
Offline
10-13-2016, 12:31 PM,
#10
The AUDUSD pair bounced bearishly yesterday after testing 0.7595 resistance to test the key support 0.7520 now, reminding you that these levels represent the next trend keys, as the price needs to breach one of them to detect its next track clearly, to keep our neutrality valid until now.

The contradiction between stochastic positivity and the EMA50 negativity provides another reason for neutrality, reminding you that breaking the mentioned support will push the price towards more decline that targets 0.7448 followed by 0.7329 levels mainly, while breaching 0.7595 will lead the price for recovery attempts that target begin at 0.7833 and extend to 0.8115.

Expected trading range for today is between 0.7400 support and 0.7650
Offline
10-14-2016, 11:17 PM,
#11
The AUDUSD pair continued its bullish rally to start the breaching process to 0.7595 level, which hints that the price is on its way to activate the positive scenario on the short term basis, which targets 0.7833 followed by 0.8115 levels mainly, but we need to get a daily close above 0.7595 level to confirm the continuation of the bullish trend in the upcoming period.

Therefore, we will continue with our neutrality until the price confirms breaching the mentioned resistance or breaking 0.7525 support, which will push the price to head towards 0.7448 followed by 0.7329 initially.

Expected trading range for today is between 0.7448 support and 0.7700
Offline
10-17-2016, 02:42 PM,
#12
The AUDUSD pair opens today's trading with clear decline to attack 0.7595 level and moves below it after attempting to breach it on last Friday, as the price falls under negative pressure provided by stochastic, while the EMA50 attempts to provide the positive support to the price.

Therefore, we prefer staying aside until confirming the next trend, and the price needs to confirm surpassing one of the next trend keys represented by 0.7525 support and 0.7595 resistance, reminding you that breaching this resistance will lead the price to head towards 0.7833 followed by 0.8115 levels mainly, while breaking the support will push trading to return to the correctional bearish track that its next targets located at 0.7448 then 0.7329.

Expected trading range for today is between 0.7448 support and 0.7700
Offline
10-18-2016, 02:11 PM,
#13
The AUDUSD pair rallies strongly to the upside by today's opening after ending yesterday above 0.7595 level, to activate the positive scenario again, opening the way to achieve gains that reach to 0.7833 initially.

Therefore, the bullish trend will be suggested in the upcoming sessions supported by the EMA50, conditioned by the price stability above 0.7595 level, noting that breaching 0.7833 level will extend the bullish wave towards 0.8115 as a next main station.

Expected trading range for today is between 0.7595 support and 0.7800
Offline
10-19-2016, 03:35 PM,
#14
The AUDUSD pair settles around 0.7660 level after yesterday's bullish rally, noticing that stochastic gets rid of its negativity gradually to approach from the oversold areas, providing positive motive that we expect to assist to push the price to resume the main bullish trend, which its next target located at 0.7833.

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 0.7595 level and holding below it, noting that the EMA50 provides good positive support to the suggested bullish wave.

Expected trading range for today is between 0.7595 support and 0.7800
Offline
10-20-2016, 05:18 PM,
#15
The AUDUSD pair resumed its bullish rally to attack 0.7700 level and attempts to breach it, as it managed to close the candlestick above it, to add more confirmation to the continuation of the bullish trend in the upcoming period, which gets continuous positive support by the EMA50.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, and the way is open to target 0.7833 level as a next main station, reminding you that breaching this level will extend the pair's gains to reach 0.8115, while the price needs to hold above 0.7595 level to guarantee achieving the suggested targets.

Expected trading range for today is between 0.7625 support and 0.7833



Users browsing this thread: 1 Guest(s)
Komen: 19 <<>> Dilihat: 769
AUDUSD Market Analysis
ForexMart Supporter
105001
Forum Jump: