Forex4you - Analytics

    Forex4you

    579.00 6.50/10
    60% of positive reviews
    Real

    Technical analysis for the AUDUSD on 30.04.2015

    The AUDUSD: the uptrend has halted at 0.8060 resistance

    Direction Period Expected price movement Price movement corridor
    ↓↑ 1 day ≈ 120 pips Max. 0.8100

    Min. 0.7900

    audusd14

    Two-week growth of the Australian dollar paused for correction. Potential correction target is situated at the lower border of the ascending channel at 0.7945.

    If level 0.7945 fails to hold back further decline, the next target will be situated at the strong 0.7900 support. The price tends to re-test the barriers after the breakout.

    The test of 0.7900 support will most likely trigger long consolidation, followed by the rebound up.

    Alternative scenario: bullish trend will recommence if price breaks and holds above 0.8060 resistance.

    Dear traders, please post your comments to our forecasts and share your own opinion. Your ideas can be very helpful for the newcomers in the forex market. Thank you!

    The AUDUSD: the uptrend has halted at 0.8060 resistance

    Direction Period Expected price movement Price movement corridor
    ↓↑ 1 day ≈ 120 pips Max. 0.8100

    Min. 0.7900

    audusd14

    Two-week growth of the Australian dollar paused for correction. Potential correction target is situated at the lower border of the ascending channel at 0.7945.

    If level 0.7945 fails to hold back further decline, the next target will be situated at the strong 0.7900 support. The price tends to re-test the barriers after the breakout.

    The test of 0.7900 support will most likely trigger long consolidation, followed by the rebound up.

    Alternative scenario: bullish trend will recommence if price breaks and holds above 0.8060 resistance.

    Dear traders, please post your comments to our forecasts and share your own opinion. Your ideas can be very helpful for the newcomers in the forex market. Thank you!


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree