We review the technical and sentiment situation of the AUD/USD and EUR/USD and explore the possible implications for the week ahead.
AUD/USD Forecast
323 posts
We review the technical and sentiment situation of the AUD/USD and EUR/USD and explore the possible implications for the week ahead.
In the previous AUD/USD weekly forecast, we noted that the currency pair was bearish for the 4th week in a row. It broke through the middle bollinger band and was approaching the strong sentiment and technical region of 0.68. A break of the 0.68 support would open up the path […]
In the previous AUD/USD weekly forecast, we noted the third bearish week in a row. The middle bollinger band and the strong sentiment and technical region of 0.68 would likely be significant support regions. In the previous EUR/USD weekly forecast, we observed the third bearish week in a row too. […]
In the previous AUD/USD weekly forecast, we noted a bearish week. The middle bollinger band functioned as a support and capped the downside price action. A break below 0.68 would provide a better validation of further bearish momentum. The middle bollinger band would likely continue to function as a support. […]
In the previous AUD/USD weekly forecast, we noted a bearish week. As expected, the exertion of pull back by the upper bollinger band combined with the resistance at 0.7 limited the price action. Continued bearish pressure would see the currency pair face off against the supports at 0.69, the middle […]