AUD USD Fibonacci Retracements Analysis

08.10.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, after attempting to fall and reach the low at 0.7106, the asset had to start another growth due to convergence on MACD, which may be considered as a new rising wave within the correctional phase to reach 50.0% and 61.8%...

01.10.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, the asset is moving within the descending tendency to reach the low at 0.7106, a breakout of which may lead to a further downtrend towards mid-term 38.2% and 50.0% fibo at 0.7052 and 0.6758 respectively. At the same tim...

24.09.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, the asset is correcting within the downtrend. Possibly, this pullback may transform into a new rising wave to reach 50.0% and 61.8% fibo at 0.7499 and 0.7591 respectively. However, the main scenario implies a further do...

17.09.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, after growing and reaching 38.2% fibo, AUDUSD is forming a new descending wave that may seem to be heading to break the low at 0.7106 and then reach the mid-term 38.2% fibo at 0.7052. However, this wave should be consid...

10.09.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, the correctional uptrend reached 38.2% fibo and was later followed by a new pullback. After the pullback is over, the asset may continue growing towards 50.0% and 61.8% fibo at 0.7556 and 0.7662 respectively. A breakout...

03.09.2021AUDUSD, “Australian Dollar vs US Dollar”In the daily chart, after attempting to test 38.2% fibo at 0.7052, the asset is correcting upwards to return to 23.6% fibo. After the pullback is over, the asset may continue falling towards 50.0% and 61.8% fibo at 0.6758 and 0.6464 respectively. The...

31.08.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is consolidating between 3/8 and 5/8. In this case, the price is expected to test 4/8, break it, and then continue moving upwards to reach the resistance at 5/8. However, this scenario may be cancelled if the price breaks 3/8 ...

27.08.2021AUDUSD, “Australian Dollar vs US Dollar”In the daily chart, the downtrend is looking quite stable despite the current correction to the upside, which started after an attempt to test 38.2% at 0.7052. After the pullback is over, the asset may continue trading towards 50.0% and 61.8% fibo at...

20.08.2021AUDUSD, “Australian Dollar vs US Dollar”In the daily chart, the asset is forming a quick descending wave inside the downtrend. After testing 23.6% fibo from below, AUDUSD is approaching 38.2% at 0.7052 and may later continue trading towards 50.0% and 61.8% fibo at 0.6758 and 0.6464 respect...

13.08.2021AUDUSD, "Australian Dollar vs US Dollar"On D1, the market keeps trying to get over 23.6% Fibo and secure below this level. This might mean that the market is confidently entering a bearish phase after lengthy growth and a divergence on the MACD. Further aims of the decline will be 38.2% (0...

06.08.2021AUDUSD, "Australian Dollar vs US Dollar"On D1, we can see the market trying to get over 23.6% Fibo and secure under it. Such a situation might mean that that the market is entering a bearish phase quite confidently after lengthy growth and a divergence on the MACD. Further aims of the decl...

23.07.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, after breaking 61.8% fibo at 0.7379, the downtrend has failed to reach 76.0% fibo at 0.7236. At the same time, we can see divergence on MACD, which may force the asset to start a pullback to the upside. However, this ascending moveme...

16.07.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, there is a steady descending movement towards 61.8% fibo at 0.7379. At the same time, we can see divergence on MACD, which may indicate a possible short-term pullback to the upside. In the future, this pullback may be followed by ano...

09.07.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, there is a steady descending correctional wave after divergence on MACD, which is testing and trying to break 23.6%% fibo at 0.7415. The next downside targets may be 38.2% and 50.0% fibo at 0.7053 and 0.6757 respecti...

16.07.2021AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, there is a steady descending movement towards 61.8% fibo at 0.7379. At the same time, we can see divergence on MACD, which may indicate a possible short-term pullback to the upside. In the future, this pullback may be followed by ano...

09.07.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, there is a steady descending correctional wave after divergence on MACD, which is testing and trying to break 23.6%% fibo at 0.7415. The next downside targets may be 38.2% and 50.0% fibo at 0.7053 and 0.6757 respecti...

02.07.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, there is a new descending correctional wave after a divergence on MACD, is approaching 23.6%% fibo at 0.7415. The next downside targets may be 38.2% and 50.0% fibo at 0.7053 and 0.6757 respectively. The resistance is...

25.06.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, there is a new descending correctional wave after a divergence on MACD. After failing to reach 23.6%% fibo at 0.7415, the asset has corrected. The next downside targets may be 38.2% and 50.0% fibo at 0.7052 and 0.675...

18.06.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, there is a new descending wave after a divergence on MACD. The current technical pictures may be described as a long-term correction approaching 23.6% fibo at 0.7415. The next downside targets may be 38.2% and 50.0% ...

11.06.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a convergence on MACD made the pair the correctional downtrend at 61.8% fibo and start a quick rising impulse. In the nearest future, the asset may form a slight pullback and then resume growing to break the high at 0.7...

04.06.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the daily chart, AUDUSD is starting a new correctional downtrend after a divergence on MACD towards 23.6%, 38.2%, and 50.0% fibo at 0.7415, 0.7053, and 0.6757 respectively. After completing this pullback, the instrument may resume gr...

28.05.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, AUDUSD is still consolidating a divergence on MACD and, judging by the fact that the lows are slowly climbing down, may soon break this consolidation range to the downside. And if the first descending correctional wave ...

21.05.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a divergence on MACD made AUDUSD start a new descending correction that reached 50.0% fibo but was later followed by another growth. At the moment, the pair is moving within a narrow consolidation range. Possibly, the a...

14.05.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a divergence on MACD made AUDUSD complete the ascending correction not far from 76.0% fibo. It means that a further uptrend towards the local high at 0.8007 is very unlikely and the asset may start a new mid-term declin...

07.05.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a convergence on MACD made AUDUSD grow towards 23.6% fibo; right now, the asset is still testing this level. This consolidation may offer two possible scenarios for the asset to choose from. The first one implies a furt...

30.04.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a convergence on MACD made AUDUSD return to 23.6% fibo; right now, the asset is still testing this level. This movement may be called a local consolidation. In this case, there are two possible scenarios for the asset t...

23.04.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a convergence on MACD made AUDUSD return to 23.6% fibo and form another pullback there, which may be later followed by a further uptrend towards the high at 0.8007 and the long-term 50.0% fibo at 0.8292. On the other ha...

16.04.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, after failing to fall and reach the low, AUDUSD is forming a new correctional impulse to the upside that may transform into a proper rising wave towards the high at 0.8007, a breakout of which may lead to a further uptr...

09.04.2021AUDUSD, “Australian Dollar vs US Dollar”On H4, the wave of correctional growth after the convergence did not demonstrate any impressive move. Further growth is not excluded, but the priority is further development of the downtrend to 50.0% (0.7500) and 61.8% (0.7380) Fibo. The resistance i...

02.04.2021AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, the “bearish” correctional wave has failed to reach 50.0% fibo at 0.7500 for the second time. At the same time, there was a new convergence on MACD to indicate another ascending correctional movement, which may later tr...