AUD/USD Technical Analysis

The pair has found a resistance level.

Technical Analysis
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AUD/USD Technical Analysis

At the moment we observe a strong weakening of the reserve currency and our pair is moving down. We can assume that against the background of global news and trade wars, the US dollar will continue its decline. However, our pair has found a resistance level and suspended the upward movement.

The index of business activity released today in Australia was below the forecasted result, which helped our pair to stop. Today in the US there will be new information on the labor market. It is expected that the number of vacancies has decreased, so the dollar has the opportunity to strengthen.

Considering our chart, we observe a weakening of the upward momentum and believe that now is a good opportunity for taking short positions. Technical indicators on the 4-hour chart indicate the sale, so we advise you to look for points to exit near the support levels.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

Today we expect the pair to be bullish and we have strong buy opportunities.

SuperForex
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NZD/USD: Fundamental Review

Technical Analysis

NZD/USD: Fundamental Review

The price correction is close to completion though it's still possible to make profit from deals against the trend. In the medium term the most reasonable would be the deals to SELL.

SuperForex
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EUR/GBP Technical Analysis & Daily Chart

Technical Analysis

EUR/GBP Technical Analysis & Daily Chart

The pair will be bullish today as we await a BoE statement.

SuperForex
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