AUDUSD – Aussie Dollar In Medium Term Downtrend Vs USD?

Key Highlights The Aussie dollar struggled on many occasions to break 0.7740-0.7750 against the US Dollar. It looks like a major double top pattern near 0.7740 on the daily chart of AUDUSD, igniting a downside move. In Australia, the Employment Change figure for March 2017 released by the Australian Bureau of Statistics posted 60.9K, compared with the forecast of 20....
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AUDUSD – What’s Next For Aussie Dollar Vs US Dollar?

Key Highlights The Aussie dollar failed once again this month near 0.7740 against the US Dollar, and moved down. The AUDUSD pair has a monster resistance near 0.7740-0.7760 on the DAILY chart, proving to be a major hurdle in the long term. Today, the Australian Employment Change for Feb 2017 released by the Australian Bureau of Statistics posted a change of -6.4K. ...
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USDJPY – Dollar To Yen Faces A Crucial Resistance Near 115.00

Key Highlights The US Dollar remained under heavy bearish pressure vs the Japanese yen and moved below 115.00. There are many resistances on the upside, including a bearish trend line at 115.20 on the 4-hours chart of USDJPY. The US Consumer Price Index released by the US Bureau of Labor Statistics recently posted an increase of +0.3% in Dec 2016, compared with the f...
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AUDUSD – Aussie Dollar Breaks Crucial Support Vs Dollar Post Fed Rate Hike

AUDUSD – Aussie Dollar Breaks Crucial Support Vs Dollar Post Fed Rate Hike Key Highlights The Aussie dollar broke a crucial support area at 0.7450 against the US dollar to ignite a downside move. There was a crucial bullish trend line formed on the 4-hours chart of AUDUSD, which was broken to open the doors for a bearish wave. The Fed interest rate was announced y...
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AUDJPY – Buy Aussie Dollar Vs Japanese Yen Post Employment Report?

AUDJPY – Buy Aussie Dollar Vs Japanese Yen Post Employment Report? Key Highlights The Aussie dollar after trading as high as 80.02 against the Japanese yen started correcting lower. There is a crucial bullish trend line formed on the 4-hours chart of AUDJPY, which may act as a support around 78.80. Today, the Australian Employment Change released by the Australian...
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GBPJPY – British Pound Recovery Facing Crucial Resistance

GBPJPY – British Pound Recovery Facing Crucial Resistance Key Highlights The British Pound recovered sharply against the Japanese yen, and broke a couple of short-term resistance levels. However, the GBPJPY pair is currently facing a major resistance in the form of the 100 simple moving average on the 4-hours chart. In the UK, the RICS Housing Price Balance survey...
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AUDJPY – Australia’s Employment Report Aftermath & Its Impact

AUDJPY – Australia’s Employment Report Aftermath & Its Impact Key Highlights Aussie dollar managed to recover during the past couple of sessions vs the Japanese yen. However, the AUDJPY pair still remains below a couple of important resistance levels, which may continue to act as a hurdle. Australian Employment Change released by the Australian Bureau of Sta...
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AUDUSD – Aussie Dollar Nosedives Post Employment Report

AUDUSD – Aussie Dollar Nosedives Post Employment Report Key Highlights Australian Dollar remained under a lot of bearish pressure vs the US Dollar recently, and traded below 0.7300. There is a bearish trend line formed on the hourly chart of the AUDUSD pair, which earlier acted as a downside move catalyst. Australian Employment Change released by the Australian Bu...
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AUDJPY – Aussie Dollar To Decline Post Employment Report

AUDJPY – Aussie Dollar To Decline Post Employment Report? Key Highlights             Aussie Dollar after solid gains against the Japanese yen found sellers near the 83.95 area. There are a couple of bullish trend lines formed on the hourly chart of AUDJPY, and out of which one was broken. In Australia, the Employment Change released by the Australian Bur...
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