The pair has found the Bulls after topping out at 114.000.
the pair found support at 112.000 after the drastic decrease in price.
the United States Treasury Bond Yields which offset Bond Yields gave to the Bulls which have now see the pair Resist at 113.000.
there has been lateral movement throughout but the pair resumes the Bearish Movement.
Amid post Fed : Mid Election results and trade war tensions.
the dollar has been stronger over the Yen in the past few days. this has seen New highs topping at 114.200 in the early hours of this morning.
this pair has gone on to lose momentum. this morning the markets opened at 113.7730 and roughly 435 pips to the upside losing steam.
in the formation we now...
in my previous analysis of the Aussie Dollar pair I had stated a possibility of a 0.73000 resistance test and this was due to the increase in investors confidence and increase in exchanges.
Mid-Election results and Trade War tensions being called off have seen the recovery of the Dollar brining it closer to 0.72000.
0.73000 has proved to be the new Resistance...
The long term uptrend that has peaked at 114.500 earlier in October has now traced to 113.500.
on the daily time frame, this is a Head and Shoulders formation with resistance now at 113.500. a rising wedge that shares resistance at 114.500 and now 113.500.
over the course of today this pair has lost Bullish momentum and is now at +0.01%, we must note that the...
The pair has been trending over the months of October and November with Dollar gains from 1.18000 down to 1.13000 forming a Double Bottom.
looking at our Fibonacci, Resistance has now formed at 1.14500 after a 1.13000 support.
Non-Farm Payrolls, Unemployment Rates and Hourly Earnings have indicated a Strong Economy in the United States of America on the other...
As analyzed on my previous AUDUSD Analysis when the pair was at 0.70600, we have seen Bullish Momentum that has broken the 0.71000 Resistance barrier with great momentum.
The Trade Wars between China and the United States have eased increasing the confidence in investors.
this has resulted in a sharp demand with a 0.72000 support forming.
this afternoon we have...
Upon the completion of te inverted head and shoulders formation. the Aussie Dollar pair seeked to clear the 0.71100 region. this proved unsuccessful as it failed at the rejection zone.
this has seen a new formation of Higher Highs and Higher Lows and if seen are the beginning of an uptrend.
the pair has been ranging on the past month having faield to clear...
Price is being pushed up by the strong gains in the Dollar over the Yen.
I have identified a possible entry at 113.300.
my analysis is as follows.
please use appropriate lots and respect your Stop Loss.
Patience is Key!
what we have here is a Eurodollar chart.
this pair has reached resistance at 1.13000. the pair has been trending after being rejected at 1.18000.
this month has seen strength in the dollar and price is now at the 1.13200 which is also the 50% on the Fibonacci Region.
This is the second test at this region and a Bullish Hammer has closed on the Four Hour Char
The aussie dollar pair has been consolidating around the 0.71500 and 0.71100 region for a period of time forming multiple chart formations.
today I have identified a inverted head and shoulders formation and a roof that has failed to break at 0.71100 must add that the pair has been trying to push up for the past month but due to the strength in the dollar has...
the pair retraced after huge selling pressure earlier today and bounced off the downtrend support line.
the pair has now been rejected at the 0.236 Fibonacci retracement and I have identified a sell position.
my analysis is as follows.
please use appropriate lots and respect your stop loss!
good afternoon. I have identified a cup and handle formation after some strong gains by the dollar this week. I had posted similar analysis last week but the chart pattern changed when the markets opened this week.
the pair has retraced off 0.65000 which is 23.6% on the Fibonacci retracement tool which is also the support area that has formed on the uptrend...
Price was rejected at 0.70900 after testing 0.70550.
the pair has then retraced back to the 0.70550 zone and
two bullish hammers and a candle of in-decision have formed
we must note that this is the monthly low region and should the pair not
retrace further down we might be in for a jet ride
I have identified a entry at 0.70750
Tp 1: 0.71200
Tp 2: 0.71400
The pair corrected at $6643 and is to be testing the Price again.
I have identified an entry that is calculated by the two previous corrections.
We could see a huge price increase and rejection at $6700 and then back to the $6660 and $6670 region.
I have identified a Pull Back/Retracement from 128.200 back to 129.100 after a sharp drop from 129.745 late last night.
the pair is Short and 129.000 is a good region to enter for a short position.
please use appropriate lots and respect the stop loss placed at 129.200.
the uptrend trendline has been broken and the pair has been rejected at 0.65800.
this comes after retracing from 0.65400.
Entry at 0.65660 and take profit at 0.65980 and place your stop loss at 0.65900
after retracing off 50% on the Fibonacci retracement tool which is also the trendline support the dollar has gained over the Yen with the pair moving from 112.00 which was the ideal Buy area.
the pair late last night broke the downtrend support reaching a high off 112.800 before retracing down to 112.400 which is 400 pips.
the long term outlook is long and the...