Tag Archives: USD/KRW

AUD/USD: Aug 14 highs pivotal resistance. The bounce in the AUD/USD fell short of the Aug 14 highs with above this level still needed to see focus shift back to retests of 2012 highs.

AUD/USD: Inside day to start the week. An inside day to start the week for the pair with the 21 day moving average capping the days rally.

AUD/USD: Aug 2 lows finally give way. The pivotal support noted at Aug 2 lows finally gave way and now sees initial focus on a retest of the 200 day moving average with back down to July monthly lows targeted overall.

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.