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AUSSIE BEARISH CHANNEL

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.6286 - 0.6697 - 0.6888 - 0.76108 - 0.80831 - 0.86807

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator and the Standard Deviation analysis. Also the China monetary policy about interest rate, quantitative easing and RRR can agevolate the support of the bearish.…
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foreignexchange avatar

Great analysis.  CRUDE OIL retracement ?

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Durden 2 Paź

The AUSSIE  is in a slightly bullish regime. The USD positive bias can be improved  by the NFP release . The hidden state target is evaluated at -0.7 % at US closing market.

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Durden 8 Paź

The Aussie shows a slightly bullish regime. But Hidden markov model and RSI support the +0.2% of the AUD pair again the USD counterpart.
AUS  Fundamental support the bullish side regime ( Oil and China economy retracement  )

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Slightly Bearish/Trendless Aussie

Indicators
: RSI, Volatility, Volume, HMM
Key price levels : 0.70892 - 0.72085 - 0.807892

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator and the Standard Deviation analysis.

Daily Vision

The D1 scale indicates that Aussie is in a slightly bearish/ trendless pattern . The supportline at 0.70892 and can lead to a possi…
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Durden avatar
Durden 22 Lip

The dollar bearish dynamics against a basket of other major currencies has indicated  a possible retracement of the trend , as investors continued to mantain in profits from the greenback's recent rise probably as expectations for a U.S. rate hike still supported the currency.

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Durden 28 Lip

The China - 8.487 % performance can create a psychologic bridge with the Australian economy. Even the commodity prices evaluated in a offer side forecast can be view as a message for the AUD sellers opportunities. The hidden markov models reflecting the AUD dynamics can indicates a sell positioning preference.

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Durden 31 Lip

The bearish trend of growth in China could easily push the economic outlook of Australia in the red zone of the rate cut by the RBA. This monetary policy could support the offer side of the AUD.

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Durden 2 Sie

The  monetary easing from the RBA, can determine the overall valuation of the currency.
Considering the technicals indicators are looking significantly bearish for the AUD dollar. The moving averages are declining, whilst RSI still remains within neutral territory which could indicates there is still plenty of room on the downside.

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Durden 27 Sie

The decision proposed by the Chinese authorities to devalue the renminbi give great volatility on the world market exchange. The interest rate decision in combination with the economic chinese releases make the EUR and the correlated pair ( CHF-SEK-NOK-PLN-GBP )  recovery a great profit opportunity. Instead of this USD buyers or JPY sellers sustainers slide on a difficult side of the markets.
Commodities Pairs like AUD-NZD-RUB-CAD shows deflective dynamics. In this scenario the Aussie  chart indicates a sell side mastership.

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Trendless Aussie Area

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.76303 - 0.7912 - 0.8108

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator, the China fundamentals analysis and the Standard Deviation analysis.

Daily Vision

The D1 scale indicates that Aussie is in a trendless channel. The channel with the…
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Durden avatar
Durden 5 Cze

The NFP release at 280 K give opportunity to theUSD bullish side to conquer part of the market sentiment. Obviously the momentum indicator, the chart analysis in H1 and the rate decision can give support to the USD bullish theory. Regarding OPEC and the meeting to be held  in Vienna seems very likely that it could not change the amount of barrels produced, so it is possible to have no great correlations withthe oil price. 

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Durden 14 Cze

Retail sales at 1 % and PPI at 0.5 % give not so much interest in the Buying side of the market. The saturation of the USD buy market can be partially justified with the possibility of a interest rate decision. The appartently standard USD bearish retracement can be considered in ciew of a psychological USD approach. The USD bullish trend can have just a consilidation area

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Durden 1 Lip

The Aussie is in a bullish channel as indicated in fig. The possible objective could be indicated at 0.7732 but it should be considered the possibility of a Greek release or social psychology that could also include the possibility of a great offert side trend. 

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