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audusd

RBA Holds Tight, But Hawkish Risks Remain

Aussie Sold Post-RBAThe Australian Dollar has come under pressure across early European trading on Tuesday as traders digest the latest monetary policy meeting from the RBA overnight. The bank held...

Potential Bullish Reversal

TitlePotential Bullish ReversalTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6576 which is a pullback support that aligns with the 38.2% Fibonacci retracement level and...

Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price has just reacted off the pivot point of 0.6577 which is a pullback resistance that aligns with the 78.6% Fibonacci retracement level...

Potential Bearish Breakout

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price could fall towards the pivot point of 0.6522 which is a potential breakout level and could drop lower from here; we could see...

Rising towards 61.8% Fibonacci Resistance

TitleRising towards 61.8% Fibonacci ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6544 which is a pullback resistance that aligns close to the 61.8% Fibonacci...

Approaching Pullback Resistance

TitleApproaching Pullback ResistanceTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6487 which is a pullback resistance level and could potentially reverse from here; we...

Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6457 which is a pullback resistance level and could potentially reverse from here; we could...

Powell Says Rates To Stay High As Long As Needed

Dollar in DemandThe US Dollar is holding at highs as we move through the middle of the week. Monday’s better-than-forecast retail sales data, hot on the heels of last week’s bumper inflation reading,...

Potential Bearish Reversal

TitlePotential Bearish ReversalTypeBearish ReversalPreference:Price is rising towards the pivot point of 0.6506 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level...