Technical and fundamental market analysis…
Tag - aud - australian dollar
Bears managed to pull AUD/USD below the lower consolidation range of 0.732-0.7470 (a ledge) within the “Spike and ledge” pattern.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
AUD/NZD broke major resistance level 1…
AUD/CAD reversed from combined support area Next buy target - 0…
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
The US dollar index has been climbing to the psychological level at $95.50.
Let’s start with a look at the economic calendar for the upcoming days.
The main events of the week, fundamental and technical analysis for the key currency pairs and gold…
On the daily chart, AUD/USD keeps consolidating in the 0.7305-0.7485 range. A break of its lower border will increase the odds of the decline to 200% target of AB=CD.
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen.
AUD/CAD falling inside wave (2) Next sell target - 0…