Month: March 2017

19
Mar

Weekly Technical Forex Forecast 20-24.03

Posted ByAndrew Olshanetskyi Category Daily FX Analysis

EUR/USD Despite expectations the US dollar weakened after the rate hike and FED press-conference last Wednesday. This occasion caused a huge growth of the EUR/USD currency pair and a creation of the support level 1.0669 – 1.0685. This level is very important, it’s the fixation zone of buyers, it means …

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17
Mar

Intraday Forex Analysis – 1 Hour Charts – March 17, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has been bearish and is retracing some of the recent bullish swing. The moving averages are bullish and are widening, suggesting that price may attempt another bullish move. Buying opportunities could exist around the bullish moving averages, around any of the key Fib …

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16
Mar

Intraday Forex Analysis – 1 Hour Charts – March 16, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD moved above the horizontal channel resistance at 0.7585 and has since been very bullish. Price has moved above some key resistance levels and the moving averages are bullish, all suggesting that the AUDUSD may start up-trending. Opportunities …

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15
Mar

Intraday Forex Analysis – 1 Hour Charts – March 15, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD has been bullish and is currently forming a bullish swing. The moving averages are bullish and steady, suggesting that price could continue to move higher. The AUDUSD is currently moving within a horizontal channel at 0.7540-0.7585. Trading opportunities …

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14
Mar

Intraday Forex Analysis – 1 Hour Charts – March 14, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price is clearly down-trending and has formed a series of lower swing highs and lower swing lows. The current retracement has moved above the moving averages and trend resistance though, signalling that the downtrend may be coming to an end and that the AUDUSD could move higher. …

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13
Mar

Intraday Forex Analysis – 1 Hour Charts – March 13, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has continued to be bullish and retrace. Price has moved above the trend resistance area and above all key Fib levels, suggesting that the recent downtrend may becoming to an end. The bearish moving averages are tightening – confirming the lack of selling …

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10
Mar

Intraday Forex Analysis – 1 Hour Charts – March 10, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD has started retracing and is currently bullish. Price is clearly down-trending. The moving averages are bearish and are widening, suggesting that the AUDUSD may attempt a swing lower. Selling opportunities could exist around the dynamic resistance of the moving averages, around any of …

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9
Mar

Intraday Forex Analysis – 1 Hour Charts – March 09, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart As suggested in yesterday’s chart analysis, the AUDUSD moved below the horizontal channel support area and has since been very bearish. Price action has formed a lower-low and the AUDUSD is clearly down-trending. Opportunities to go short could exist around any of the key Fib levels, around …

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8
Mar

Intraday Forex Analysis – 1 Hour Charts – March 08, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart Price is still in retracement phase. The moving averages have crossed bullish and are widening, suggesting that the AUDUSD could retrace higher. Price is currently ranging within a tight horizontal channel at 0.7585-0.7605. Trading opportunities could exist around the horizontal channel support and resistance areas …

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7
Mar

Intraday Forex Analysis – 1 Hour Charts – March 07, 2017

Posted BySamuel Morton Category Daily FX Analysis

AUDUSD – 1 Hour Chart The AUDUSD continues to retrace bullish but price has recently been rejected at the 61.8% Fib level (as suggested in yesterday’s chart analysis). Price is moving within a bullish channel as it retraces some of the recent bearish move. The moving averages are tightening and …

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