Tag Archives: AUD/JPY

AUD/USD: Aug 2 lows seen as pivotal. The correction from four month highs has paused ahead of the 21 day moving average and the somewhat pivotal $1.0436 Aug 2 lows as daily tech studies continue to unwind their overbought condition.

AUD/USD: Dips below 21 day moving average. The AUD/USD has extended the sequence of lower highs and lows, dipping below the 21 day MA for the first time in a month with the Aug 2 lows remaining somewhat pivotal.

AUD/USD: Remains heavy, key support below. The double daily bottom didn’t last long with the break lower pausing ahead of initial support in the $1.0436-54 region.

AUD/USD: Double daily bottom with stops below. A double daily bottom is now in place just below $1.0500 with stops noted below. Overall we continue to look for a move below the Aug 2 lows to confirm an end to the move higher and see focus shift back to tests of 200 and 100 day […]

AUD/USD: Cracks appearing in trend higher. Sharp dip Friday combined with overbought daily tech studies and failures ahead of the March 19 high could be indicating its time for a pullback for the AUD/USD. Back below the Aug 2 lows is needed to shift focus away from higher levels and back to retests of the […]

AUD/USD: Starting to look a little tired. Failure by the AUD/USD to retest the Aug 7 highs on yesterday’s bounce combined with overbought daily techs looking to correct could be hinting at a pullback.

AUD/USD: Fresh 4 month highs. Tests of the sharply rising 21 day upper Bollinger band nd daily channel top continue with initial focus on Mar 19 highs.

AUD/USD: 21 day upper Bolli tests to continue. The pair continues to test the sharply rising 21 day upper Bollinger band with the Mar 19 highs the initial focus and then the 2012 highs from Feb 29 above that.