AUD/USD Technical Analysis

The pair will go up.

Technical Analysis
22 may 2018
AUD/USD Technical Analysis

After a prolonged decline against the background of the growth of the US dollar, the pair reached the level from June of last year and at the moment it is growing. Now we expect the price to advance to the resistance level near the mark of 0.7640.

Since at the moment it seems on the chart that the inverted double top pattern was formed, we expect the movement upwards from the base level to the size of the formed figure.

Currently there is no data that can expand the market, but tomorrow morning construction reports data will be published in Australia. It can strengthen the Australian dollar and accelerate the movement of the pair.

We advise you to take long positions on the pair. Use the resistance levels from which correction is possible as targets.

SuperForex
EUR/USD Technical Analysis & Daily Chart

Technical Analysis

EUR/USD Technical Analysis & Daily Chart

We expect the pair to remain bearish.

SuperForex
22 may 2018
EUR/USD Technical Analysis

Technical Analysis

EUR/USD Technical Analysis

The pair will move down.

SuperForex
21 may 2018
XAU/USD (Gold): Express Review & Forecast

Technical Analysis

XAU/USD (Gold): Express Review & Forecast

Short deals against the trend seem the most effective considering the sthrenghtening of the USD and the decreasing of geopolitical tensions.

SuperForex
18 may 2018