Posts Tagged ‘AUD/USD’

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 21st session. USD/JPY — The trading session was slightly bearish on Friday. This was seen as a short covering into the weekend. Rallies towards the 50-day EMA are likely to be faded and you can sell them on signs of exhaustion. A breakdown below the bottom of this candlestick will open the door to much lower levels. AUD/USD — […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 18th session. USD/JPY — The pair has broken below the 105.00 level. So, rallies towards the 50-day EMA are to be faded, and sold on signs of exhaustion. To the downside, the 100.00 level is seen as the long-term target. AUD/USD — There is a confusion at the moment in the market, as you can see that there are a few shooting star […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 17th session. USD/JPY — The 105.00 level is being tested for support. To the upside, the 50-day EMA will likely cap rallies. Hence, rallies that show signs of exhaustion are to be sold. This pair is seen as risk averse at the moment. To the downside, this market could go as low as 102.00. AUD/USD — The aussie looks […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 16th session. USD/JPY — This market is now turning bearish and the 105.00 level below could be tested for support. The 50-day EMA above could cap the rallies. Hence, rallies are to be sold on signs of weakness. The next support could be located at 104.00. AUD/USD — The Aussie looks exhausted at the moment after this […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 14th session. USD/JPY — The 50-day EMA is offering resistance at the moment. Also, the 107.00 level is seen as the beginning of the supply zone. Also, you can make an argument for a wedge pattern. Hence. rallies that show signs of exhaustion are selling opportunities. Only a break above the 109.00 level is seen as a trend change. AUD/USD […]

USD/JPY — This market could be drifting sideways. The 50-day EMA above is resistance. So, you need to wait, and look for a large impulsive candle. In the meantime, this market is seen as good for scalpers. AUD/USD — The Aussie is still trading in this uptrend. The Aussie experienced a risk-off move in the later part of the Thursday session. The area below the 0.7100 level is supportive. Also, the 50-day EMA is supportive. […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 10th session. USD/JPY — The 50-day EMA is capping rallies at the moment. This market looks like ready to roll over. Hence, rallies that show signs of weakness are selling opportunities. It is interesting to note that you have a couple of shooting star candlesticks below the 50-day EMA. You need a risk-off sentiment […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 9th session. USD/JPY — The trading session was dominated by a risk-off sentiment on Tuesday. So, further bearishness is expected on this pair. The market has been making lower highs. The 105.00 level is the next support to the downside. So, selling rallies that show signs of exhaustion is the way to play this market at the moment. AUID/USD […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 8th session. USD/JPY — The 50-day EMA is being tested for support. The trading session on Monday was thin, as it was Labor Day in the US. So, liquidity was an issue. You can make an argument for a descending triangle pattern. You have a couple of shooting star candlesticks closer to the 50-day EMA. Hence, rallies are to be […]

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  September 7th session. USD/JPY — The dollar rallied on Friday session, but ran into trouble at the 50-day EMA, as the jobs number came out of the US. A break below the bottom of this candlestick is bearish and the next target could be the 105.00 level. AUD/USD — The trading session was very bearish on Friday session. The 0.7200 level will […]