The Australian dollar versus the US dollar currency pair seems to be part of both bullish and bearish sides. But on which side is it, actually?
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
Are the Bulls Really in Control of 0.6700 on AUDUSD?
February 17, 2020 at 5:14 Australian Dollar, Technical Analysis, US Dollar
Bears Packed at 110.00 on USDJPY?
February 14, 2020 at 5:42 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair seems to have a hard time extending beyond the 110.00 psychological level. Is it that the price stalled or the bulls are catching their breath?
Bulls Failing to Conquer 73.93 on AUD/JPY
February 13, 2020 at 8:04 Australian Dollar, Japanese Yen, Technical Analysis
The Australian dollar versus the Japanese yen currency pair gives signs that the appreciation may be over. Is it so or the traders may be in for a surprise?
Possible H&S on GBP/CAD with Neckline at 1.7160
February 12, 2020 at 6:43 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to have a head and shoulders chart pattern coming in its way.
NZD/CAD Made It to 0.8514. Where Now?
February 11, 2020 at 8:47 Canadian Dollar, New Zealand Dollar, Technical Analysis
The New Zealand dollar versus the Canadian dollar currency pair reached the 0.8514 level. Is this only a met target or is the depreciation about to continue?
AUD/USD Might Be Ready for 0.6500
February 10, 2020 at 9:06 Australian Dollar, Technical Analysis, US Dollar
The Australian dollar versus the US dollar currency pair, although it may be still receiving some bullish support, seems to be in bearish hands.
USDJPY Rally Challenged by the 110.00 Level
February 7, 2020 at 8:21 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair may have extended a little too much in a very short timespan.
Trendline on AUD/CAD May Send It to 0.8918
February 6, 2020 at 6:02 Australian Dollar, Canadian Dollar, Technical Analysis
The Australian dollar versus the Canadian dollar currency pair is at a very interesting spot.
GBP/AUD Could Head for 1.9053 After Bearish Engulfing
February 5, 2020 at 6:58 Australian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Australian dollar currency pair seems to lack the power to drive prices higher. Is this actually true or are the bulls just waiting for the right moment?
NZD/CAD Continues Towards 0.8514
February 4, 2020 at 6:39 Canadian Dollar, New Zealand Dollar, Technical Analysis
The New Zealand dollar versus the Canadian dollar currency made its first step towards what may very well be the first target, 0.8540 respectively.