The Australian versus the US dollar currency pair seems to be halted by the 0.7587 area. Are the bears strong enough to limit further bullish advancement?
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
0.7587 Keeping Bulls in Check on AUD/USD?
December 28, 2020 at 5:30 Australian Dollar, Technical Analysis, US Dollar
AUD/NZD Putting Off a Decision from 1.0707
December 23, 2020 at 5:44 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to be prepared to fall. Yet, it continues climbing,
GBP/USD Caught in the Middle at 1.3400?
December 22, 2020 at 6:38 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be indecisive. But didn’t it leave any clues behind?
Bulls on Course for 0.7744 on AUD/USD
December 21, 2020 at 5:22 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems to be under bullish control. When comes the turn for the bears?
Bears Heading for 101.42 on USD/JPY
December 18, 2020 at 5:38 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to be under bearish control. Do the bulls have a say until 101.42?
Bulls Able to Capture 1.7285 on GBP/CAD?
December 17, 2020 at 4:24 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to be a little undecided. Is this the chance for the bears?
Bulls Actually Aiming for 1.0707 on AUD/NZD?
December 16, 2020 at 5:38 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to be unwilling to let the bears play their part.
Bulls Still Up to the Task on GBP/USD After the 1.3539 High?
December 15, 2020 at 5:50 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the US dollar currency pair seems to be in a neutral zone. But is this really so?
Where to from 0.7571 on AUD/USD?
December 14, 2020 at 5:05 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the US dollar currency pair convinced everybody that is on the bullish side. However, are the bears going to just wait and see?
USD/JPY 104.57 High Starting a New Bearish Leg?
December 11, 2020 at 3:47 Japanese Yen, Technical Analysis, US Dollar
The US dollar versus the Japanese yen currency pair seems to be under constant bearish pressure. Is this really so?