***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in Friday’s chart analysis, price moved higher but then found resistance around 0.6565. The AUDUSD continues to be indecisive and lack trend direction. Price action has formed a higher swing …
Posted BySamuel Morton
Category Daily FX Analysis
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in yesterday’s chart analysis, price has reversed around the longer-term moving average and the 50.0% Fib level. AUDUSD is now looking indecisive and has formed a tight range at 0.6420-0.6465. …
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD The AUDUSD has been retracing some of the recent sell-off. Price is down-trending on higher time-frames, suggesting that the AUDUSD may move lower. The moving averages confirm this – they are bearish …
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in Friday’s chart analysis, price has been bearish and has moved lower. The moving averages have crossed bearish and are widening, signalling that the downside momentum could continue. AUDUSD is …
Posted BySamuel Morton
Category Daily FX Analysis
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD has reversed around the bullish channel resistance area and has formed a large bearish move. Price has been up-trending but the recent bearish move …
Posted BySamuel Morton
Category Daily FX Analysis
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in yesterday’s chart analysis, price has continued to be bullish and move higher. AUDUSD is clearly up-trending and has been moving higher. Price action has formed a bullish channel. The …
Posted BySamuel Morton
Category Daily FX Analysis
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD Price has been bullish and has formed a series of higher swing highs and higher swing lows – the AUDUSD is up-trending. Price is above a recent consolidation area and the moving …
Posted BySamuel Morton
Category Daily FX Analysis
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Posted BySamuel Morton
Category Daily FX Analysis
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD Price has been bullish and has swung higher. AUDUSD is above the recent consolidation area and the moving averages are bullish and widening, signalling that price could start up-trending. AUDUSD has formed …
***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down*** AUDUSD As suggested in yesterday’s chart analysis, the AUDUSD found resistance around 0.6205. Price has seen been retracing some of the recent bullish move. The AUDUSD has become indecisive and is ranging between …