AUDUSD Weekly MACD Green Line Flattening

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Broke 9 Month Downtrend Resistance

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Breaks 3 Month Downchannel Resistance

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Continues Surge Above Downchannel Resistance on Weekly Chart

AUDUSD (Wkly/Dly/4hr/Hrly) Charts

…last week’s break above downchannel resistance (on the weekly chart), the AUDUSD surged further yesterday, flirting with the .785-.79 horizontal resistance range (seen in the daily chart) that has largely capped rallies over the last 2 months. The AUDUSD is at the time of the screenshot capture tiring at ascending wedge support (on the 4hr chart). The daily and 4hr RSI and Stochastics are consolidating following Friday’s strong rally, while the w…

AUDUSD Remains Just Below 6 Month Downchannel Resistance

GBPAUD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Finding Support at 50% Retrace of Last Week’s Rally

AUDUSD (Wkly/Dly/4hr/Hrly) Charts

…plete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD inched lower yesterday, forming a daily Doji as it tries to base after the Monday pullback (which has retraced roughly 50% of the gains from last week’s bottom to last week’s top). The AUDUSD is now also testing an upchannel support (on the 4hr chart) and just above downchannel resistance (on the weekly chart). Weekly, daily and 4hr RSI, Stochastics and MACD are most…

AUDUSD Spikes Higher on Stronger Than Expected Employment

AUDUSD (Wkly/Dly/4hr/Hrly) Charts

…plete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD spiked higher on today’s stronger than expected Australian employment figures, adding to the solid gains yesterday as the US dollar increasingly weakens against a broad spectrum of major currencies. The AUDUSD is now flirting with breaking downchannel resistance (on the weekly chart), and appears to have formed a triple bottom (on the daily chart). The next key upsid…

AUDUSD Weekly MACD Green Line Flattening

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Nearing Weekly Chart Wedge/Triangle Resistance

AUDUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

AUDUSD Bullishly Aligning on Weekly/Daily/4hr Charts

AUDUSD (Wkly/Dly/4hr/Hrly) Charts

AUDUSD Weekly/Daily/4hr/Hourly Among the major USD pairs, the AUDUSD has progressed most towards forming a tradable bottom. A triple bottom appears to be forming on the weekly chart, and on the daily chart, the AUDUSD is retesting its descending triangle resistance. Significantly, Thursday’s low was higher than the low formed about two weeks earlier. Bullishly for this week, the RSI, Stochastics and MACD across the weekly, daily and 4hr timeframe…