AUD/USD Technical Analysis

Technical Analysis
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AUD/USD Technical Analysis

Today during the Australian session there were a number of indicators for Australia released, which were generally higher than projected.

At the moment the pair is trading in the corridor between Fibo levels held on the daily chart. We observe that the price breaks through the "body" of the candle into our levels and often returns to the previous range.

If we view our graph from the point of view of wave analysis, then we can observe the completion of the medium-term downward movement and the formation of the second upward wave.

This is why today's trading recommendation is to look for points to enter long positions in the area of ​​the mark of 0.7810 with the expectation of the formation of an upward wave.

SuperForex
XAU/USD: Short Review & Forecast

Technical Analysis

XAU/USD: Short Review & Forecast

The strong USD and the high probability of a rate hike this year put pressure on the GOLD. However, the geopolitical situation can change everything.

SuperForex
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EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

The pair seems to be quite unstable, so today we have a number of opportunities.

SuperForex
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GBP/CAD Technical Outlook & Daily Chart

Technical Analysis

GBP/CAD Technical Outlook & Daily Chart

After breaking the channel, we are still looking forward new highs, despite the downward movement this month.

SuperForex
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