Posts Tagged ‘AUD/USD’

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USD/JPY and AUD/USD Forecast — November 23rd 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 23rd session. USD/JPY — The pair rallied a bit on Friday session. The 104.00 level and the formation of shooting star candlestick indicates strong resistance. Rallies towards the 50-day EMA are likely to be capped and are seen as selling opportunities. AUD/USD — The Aussie could be range bound between the 0.7300 level and the 0.7000 level. The 50-day EMA […]

USD/JPY and AUD/USD Forecast — November 20th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 20th session. USD/JPY — The pair has rallied on Thursday session, but then rolled over as the 104.25 level came in the way as resistance. The next target could be the 103.00 level. The area above the 50-day EMA is a zone of resistance. So, short-term rallies are to be faded, and sold on signs of exhaustion. The next target could be […]

USD/JPY and AUD/USD Forecast — November 19th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 19th session. USD/JPY — The trading session was initially bearish on Wednesday and then the market bounced off to indicate support below. However, rallies are likely to be faded close to the 105.00 level. Hence, rallies that show signs of exhaustion are selling opportunities. A breakdown below the 103.00 level is very bearish. AUD/USD — […]

USD/JPY and AUD/USD Forecast — November 16th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 16th session. USD/JPY — The market broke below the bottom of the hanging man candlestick and also the 105.00 level. This looks very bearish at the moment. So, you can expect the market to continue with the overall downtrend. So, look for signs of exhaustion to sell. AUD/USD — The Aussie rallied on Friday session. However, looking at the weekly chart, the market […]

USD/JPY and AUD/USD Forecast — November 13th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 13th session. USD/JPY — The market went sideways with a little bit of bearish bias on Thursday session. This is seen as a binary trade. A daily candle close above the 105.00 level is reason enough to buy. Otherwise, look for signs of exhaustion to sell. AUD/USD — The Aussie looks stuck and could likely consolidate for a while. However, […]

USD/JPY and AUD/USD Forecast — November 12th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 12th session. USD/JPY — The market saw a sideways price action on Wednesday. The market could likely consolidate between the 106.00 level and the 105.00 level. The area between the 50-day EMA and the 200-day EMA is resistance. Hence, rallies are likely to be faded, and you can sell them on signs of exhaustion. AUD/USD — The Aussie looks a bit […]

USD/JPY and AUD/USD Forecast — November 11th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 11th session. USD/JPY — The Monday session formed a massive bullish candlestick. The Tuesday session saw more volatility. This looks like the possibility for a trend change. The headlines on vaccine for coronavirus has created a risk-on sentiment. A breakdown below the recent lows is very bearish. However, only a break above the 200-day EMA can be considered […]

USD/JPY and AUD/USD Forecast — November 10th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 10th session. USD/JPY — The pair rallied very strongly on Monday session. This was due to the headlines on vaccine against coronavirus. However, rallies are likely to be faded, and you can sell them on signs of exhaustion. Also, a breakdown below the 105.00 level is a selling opportunity. AUD/USD — The Aussie rallied initially on Monday session, […]

USD/JPY and AUD/USD Forecast — November 6th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 6th session. USD/JPY — The pair has broken below the 104.00 level. The measured objective of this descending triangle pattern comes at 102.00. You have the jobs number to be released soon, which could have a significant impact on this market. So, it looks interesting to fade rallies at the moment. AUD/USD — The Aussie rose strongly […]

USD/JPY and AUD/USD Forecast — November 5th 2020

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  November 5th session. USD/JPY — The pair rallied towards the 50-day EMA on Wednesday session and the rolled over to reach towards the 104.00 level. The measured objective of the descending triangle pattern comes at 102.00. Hence, this market looks bearish, and rallies are to be sold on signs of exhaustion. AUD/USD — The Aussie could see a sideways price action at the moment. […]

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