Month: October 2016

AUDUSD – 1 Hour Chart The AUDUSD was slightly bullish during yesterday’s trading sessions. The moving averages are moving sideways and could cross again, suggesting that there is indecision and a lack of price direction. From a technical view, there are very few areas that could provide potential trading opportunities. …

AUDUSD – 1 Hour Chart As suggested in Friday’s chart analysis, the AUDUSD found resistance around the previous channel support and has since been slightly bearish. As also mentioned, the moving averages have crossed bearish and are widening, suggesting that price could move lower. Selling opportunities could exist around the …