
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
AUD/USD recently reversed down from the resistance area lying between the pivotal resistance level 0.7640 (former support from March), upper daily Bollinger Band and the 38.2% Fibonacci correction of the extended downward correction from the end of January. The downward reversal from this resistance area stopped the previous short-term correction (C). AUD/USD is expected to fall further toward the sell target at the next support level 0.7500.
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...
There's a bearish 'Engulfing', which formed at the last local high, but this pattern hasn't been confirmed yet. It's likely that...
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…
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