AUD/USD Forecast for Today | Forecasts of Australian Dollar / US Dollar Exchange Rate on the Forex market

Source: Admiral Markets MT5 with MT5SE Add-onAs we could have seen in the previous AUD/USD analyses, the price followed the bearish setup and at this point it is making a breakout. The bearish triangle breakout zone is 0.7390-0.7405 and this is the POC for short trades. A 4h close below 0.7350 shoul...

Admiral Markets

24.07.2018

4

Forex Technical Analysis

Daily Forex Forecasts

AUD/USD Megaphone Pattern in Uptrend

Source: Admiral Markets MT5 with MT5SE Add-onThe AUD/USD has been in an uptrend but during the latest consolidation it has formed a megaphone pattern variant. The broadening top or megaphone is a pattern that shows both higher highs and lower lows In this case we can see a triple bottom and higher h...

Admiral Markets

28.05.2018

7

Forex Technical Analysis

Daily Forex Forecasts

AUD/USD Could Reject on Triple Bottom Retest

The AUD/USD has formed a downtrend swing and at this point it is trying to break the W L3 pivot. If it breaks it, traders need to focus on the POC 0.7620-60 as the price could go and retest the triple bottom (green line). That is the zone where we should see fresh sellers and the price could reject ...

Admiral Markets

02.05.2018

2

Forex Technical Analysis

Daily Forex Forecasts

AUD/USD Bullish W Pattern Breakout

The AUD/USD has formed a bullish W pattern, and we could see rejections from POC and POC2. At this point, the price is struggling to break daily H5 but is still above W L3 pivot. Traders should pay attention to bounces from 0.7860-68 (POC1) or 0.7840-53 (POC2) if the price retraces further. Target ....

Admiral Markets

26.02.2018

1

Forex Technical Analysis

Daily Forex Forecasts

The Australian dollar may have hit a top

The Australian dollar was once again sharply rejected at the US80c mark in today’s trading session as senators in the US voted to end a government shutdown and Australia’s biggest export tumbled over 4 percent. In a last minute deal, senators from both sides of the US congress joined forces and agre...

FIBO Group

23.01.2018

2

Forex Market Overview

Daily Forex Forecasts

Australian dollar to remain strong

The Australian dollar remains well supported today on the back of rising commodity prices which many attribute to the booming construction industry in China Iron ore, Australia’s biggest export has now risen 47 percent in just 2 months as Chinese demand outstrips supply and according to many analys...

FIBO Group

22.08.2017

5

Forex Market Overview

Daily Forex Forecasts

AUD/USD Bullish POC Zone Should Provide Continuation

The AUD/USD has been in an uptrend with strong rejections off the important POC zones. At this point, we can see a POC zone within 0.7950-70 (trend line, D L3, 61.8,EMA89). If the zone holds, the price should ideally go above 0.7972 (EMA89) and proceed further towards 0.8000 and 0.8020. Break of 0.....

Admiral Markets

02.08.2017

5

Forex Technical Analysis

Daily Forex Forecasts

AUD/USD Potential Rejections Due To ZigZag Uptrend

The AUD/USD has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 50.0. D L4, ATR pivot, historical buyers) 0.7888-0.7900 is the zone where the AUD/USD could reject again towards W H4 0.7960 and D H4 -0.7980. The r....

Admiral Markets

21.07.2017

1

Forex Technical Analysis

Daily Forex Forecasts

AUD/USD Narrow Range Possibly Targeting Weekly Support

AUD/USD has been moving in a very narrow range. The ATR for last 14 days is 48 pips and it suggest slow moving price. If the price managed to stay below 0.7645 that is the ATR projected high and W H3 camarilla, bears would have an upper hand. At this point we might see a rejection from the POC 0.7.....

Admiral Markets

14.07.2017

1

Forex Technical Analysis

Daily Forex Forecasts

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