AUD/USD Technical Analysis

The US dollar is falling.

Technical Analysis
02 Jan 2018
AUD/USD Technical Analysis

By the beginning of the trading session, the US dollar continued to lose ground. Currently we don’t expect the release of important indices which would be able to significantly affect the market and create a reversal formation. The dollar index declines and shows a downward trend.

Considering our chart, we observe an upward trend against the background of the weakened dollar. Given the technical indicators, we can assume that the pair will continue the upward movement. Therefore, we will look for points to enter long positions.

After the New Year's holidays, we can observe the growth of trading volumes and the relative increase in volatility in the market. In addition, today we expect the first day of trading in the US, which will give impulse to the markets and, most likely, will strengthen the formed trends.

Our trading recommendation is to look for points near the level of 0.7820. The medium-term targets will be 0.7860 and 0.7890.

SuperForex
A Glance Backwards at 2017

Technical Analysis

A Glance Backwards at 2017

How did the USD, EUR, oil, and others fair this year?

SuperForex
29 Dis 2017
AUD/CAD: Short Review and Forecast for the Next Year

Technical Analysis

AUD/CAD: Short Review and Forecast for the Next Year

Both currencies have been supported by the increased commodity prices but the CAD feels more confident and has more perspectives for investors. The deals to SELL would be most effective.

SuperForex
29 Dis 2017
USD/JPY Technical Overview & Daily Chart

Technical Analysis

USD/JPY Technical Overview & Daily Chart

With lots of volatility in this pair, we can make a profit from sell orders.

SuperForex
28 Dis 2017