The Australian dollar versus the US dollar currency pair seems to be pursuing lower prices. The only possible barrier is 0.6850. Will this level be able to stop the depreciation?
Technical analysis of the news events that affect the course of the exchange rates helps traders by complementing the normal fundamental view of the situation. The posts below will be useful to get the understanding of the important exchange rate levels for currency pairs, which can then be used for calculating entry and exit points for trading based off the actual Forex news.
Technical Analysis News Archive
Head and Shoulders Almost Complete on AUD/USD
January 20, 2020 at 5:24 Australian Dollar, Technical Analysis, US Dollar
USD/JPY Might Correct Before Further Appreciation
January 17, 2020 at 6:16 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair is at a point in which it should draw a correction, otherwise it might be considered that it is overextending.
AUD/JPY Deciding at 76.02
January 16, 2020 at 7:35 Australian Dollar, Japanese Yen, Technical Analysis
The Australian dollar versus the Japanese yen currency pair is in a very interesting spot, one from where it could go either way and so establish the course for the long-term.
NZD/CAD Still Aiming for 0.8514
January 15, 2020 at 6:28 Canadian Dollar, New Zealand Dollar, Technical Analysis
The New Zealand dollar versus the Canadian dollar currency pair is very consistent in its determination of reaching 0.8514 once more.
AUD/CAD Trying to Keep the Gains at 0.9010
January 14, 2020 at 8:06 Australian Dollar, Canadian Dollar, Technical Analysis
The Australian dollar versus the Canadian dollar currency pair seems to be in a bullish profile. But is it really so?
AUD/USD Might Be in Bearish Hands, Heading for 0.6700
January 13, 2020 at 5:52 Australian Dollar, Technical Analysis, US Dollar
The Australian dollar versus the US dollar currency pair seems to be undecided. Is it so, or are the bears preparing a surprise?
The Bulls Conquered USD/JPY and May Aim for 111.07
January 10, 2020 at 7:26 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair allowed a full-fledged bullish appreciation. Are they exhausted or is this just the beginning?
GBP/CAD Could Prepare for 1.7811
January 9, 2020 at 8:07 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to have limited the bearish attempts to further induce a depreciation.
AUD/NZD Was Failed by the Weekly 1.0361 Support
January 8, 2020 at 8:14 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian dollar versus the New Zealand dollar currency pair passed under an important support. Is this break destined to be a false one?
NZD/CAD May Now Be Heading for 0.8514
January 7, 2020 at 8:28 Canadian Dollar, New Zealand Dollar, Technical Analysis
The New Zealand dollar versus the Canadian dollar currency pair surprised the market by turning around. Is there any chance of a comeback?