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AUD/USD forecast

wiyonofx Publié 18 mai comme Analyse sur AUD/USD, Cible: 0.9617, Date: 1 de juillet, 12:00 GMT  dans #Technical analysis #AUD/USD
On the daily chart, AUD/USD has crossed 0.9200 and still trade above SMA. this indicate this pair in bullish bias. This pair will going up and limit by resistance at 0.9450.
On bigger frame, if AUD/USD can break 0.9450, this pair will try to reach weekly resistance at 0.9650.
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wiyonofx 21 mai

AUD/USD go lower and bounce from support at 0.9214.  the price still above SMA 200

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AUD/USD forecast

wiyonofx Publié 26 fév comme Analyse sur AUD/USD, Cible: 0.8776, Date: 1 de avril, 12:00 GMT  dans #Technical analysis #AUD/USD #AUD/USD Analysis
On the monthly chart, since last june this pair trade in ranging area with monthly support at 0.8568 and resistance at 0.9578. This could be ranging area for next several months in this year.
closely on daily chart, this currency trade below SMA 200 and RSI indicator show bearish bias. Daily resistance at 0.9062. With bearish bias, this pair will be go south with strong monthly support which hard to break. in my forecast, this pair will be in this ranging area for next couple months.
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4 Commentaires
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wiyonofx 6 mar

AUD/USD is bullish bias now, trying to reach resistance 0.9062. If fail, the price will fall to 0.8900

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wiyonofx 8 mar

AUD/USD fall after touch SMA 100 and close this week around 0.9060

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wiyonofx 16 mar

The bearish channel on daily chart indicate this pair still in bearish bias

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wiyonofx 23 mar

AUD/USD try to climb near SMA 200, it could be ranging area near this level

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