Tag Archives: AUDUSD

AUD:USD – Continuation Set Up

The Aussie has worked itself into a triangle type formation today. I’ve outlined some strategy thoughts below.

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Sell AUD/USD Rallies

One of the great aspects of working with the CMC analysts team is the potential for “robust discussions” about markets. You may have noticed that we frequently disagree over the outlook for currencies, shares and commodities. However, we are in (rare) … Continue reading

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Aussie Dollar Selling Opportunities

Michael McCarthy and I have written a combined piece this morning on potential  opportunities in the Aussie Dollar. While AUD: USD has been under considerable selling pressure, the Aussie has held up relatively well against some of the cross rates.  … Continue reading

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Chart Review Webinars

Hi everyone, I’ll be hosting live chart review webinars today at 1pm and 7pm AEDT. If you’d like to attend you can register via the link below

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AUDUSD – Short Term Trading Levels Being Tested

Yesterday was a really interesting session. For much of the day we had a number of different signals that had us positioned on the short side of the local currency including double-top’s, ‘M-reversals’ and also some really neat pivot point … Continue reading

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AUD:USD – Double Top Potential

The Aussie Dollar looks to be in the early stages of what may turn out to be a double top formation this morning. Those using Bollinger Bands to identify early entry opportunities may get an opportunity to enter with the … Continue reading

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AUDUSD – Opens the week at an interesting resistance level

The Aussie’s decline from 1.0857 has so far taken the form of a strong, impulsive move i.e strong downward moves interupted by relatively weak, corrective uptrends The market has opened this morning with the hourly chart sitting just under the … Continue reading

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AUD/USD Fails at Key Resistance

In overnight trading the AUD/USD rallied hard – from yesterday’s low at 1.0424 to touch 1.0555. This level provided key resistance throughout the week. The failure to breach this level, and the subsequent pullback, suggest that the outlook over the … Continue reading

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AUD:USD – Potential short term reversal with Bollinger Bands

When I first looked at this chart this morning it had the look of a potential double bottom. In the last hour or so, price has respected the 20 period moving average. However, it is stilll possible that we can … Continue reading

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AUDUSD finds short term support

Good morning to you all, Following on from my post yesterday you can see that we are now seeing early signs of a bullish reversal on the 30 minute chart of the AUDUSD. As I discussed you can see that … Continue reading

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