The AUDUSD continues its bullish trend as it breaks past higher highs in this 2020 market sessions. We talk about the pair last week and after 5 market sessions the pair have broken the previous higher high of 2020 and now trading above it major resistance level 0.73271 AUDUSD WEEKLY chart 7 December 2020 Learn […]
The AUDUSD price action has been breaking levels since the beginning of November. We think that price may continue it’s bullish long term trend. Last month we wrote about the pair and how it was holding above a major key support level. Click on link for proper reference https://fxsits.com/the-audusd-candlestick-signals-bullish-move/ . Since our last post price […]
We last looked at the AUDUSD candlestick formation last month. During that time price traded at a very key support level. Refer to link for reference https://fxsits.com/the-audusd-shows-bullish-price-action/ . Since then we have seen the AUSUSD being reject at the resistance level 0.72104. We see how price fails to move past this level on different occasions […]
Last week we looked at the AUDUSD. During that time price consolidated after a week of bearish price action. The pair traded above the support level 0.73250. check the link for reference (https://fxsits.com/audusd-retraces-and-finds-support/). Since then, price has moved 172 Pips bullish. Thus, resuming it bullish long term trend continuation due a stronger Australian dollar. AUSD […]
The AUDUSD Pair has been consolidating for some weeks now. In our last post, price traded below level 0.73996 .This level acted as a Resistance during that period. Checkout this link for reference https://fxsits.com/audusd-signals/. Since price resisted at level 0.73996 .We have seen the AUDUSD retraces and now find support at level 0.72648. AUDUSD H4 […]
A few weeks back we sent out an analysis on the AUDUSD . In that post the pair found resistance at the level 0.734 ( https://fxsits.com/audusd-bullish-momentum/ ). Since then, the pair did pull back for some time. Price traded below the level and moved towards support level 0.70751. For weeks, the pair consolidated. After the […]
Since our previous post.(https://fxsits.com/audusd-price-movement/). We’ve seen the AUDUSD bullish momentum slowly die down. In the chart you’ll notice that. The pair moved from its support level 0.69202 to level 0.72334 where it finds resistance.This occurring from the June up until now. The pair moved 452 pips during that period. Due to the Dollar depreciation the […]
For the past weeks we have been reporting the AUDUSD price movement. Throughout the period, we have seen price breaking levels and forming new higher highs. On the H4 time frame, we see how price broke the resistance level 0.66735 and also cleared the Fibonacci level 23.6 .Price also broke level 0.69154 before retracing and […]
In our last post we explained how the AUDUSD Bullish Price Action had been performing for the pasts weeks. https://fxsits.com/price-action-on-audusd/ Looking at the chart, you will see how price has broken the level 0.65656 which acts as a resistance. Furthermore, price had also broken past level 0.6673 which acted as a resistance and support level […]
On April 13th we saw the AUDUSD form certain price action. https://fxsits.com/could-the-audusd-soar-bullish/. We have seen the pair move towards the targeted level. However, we must acknowledge that price doesn’t just move in a straight line. It consolidates, forms pullbacks and thrust, as it move in either direction. Looking at the AUDUSD, our target was set […]
