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Every week we recap the previous week and forecast the following week where we think the AUDUSD will be heading in our AUDUSD Weekly Forex Forecast. We know you will like our short but concise AUDUSD analysis.

AUDUSD Weekly Forex Forecast – 21st to 25th Nov 2016

Previous AUDUSD Weekly Forex Forecast The AUDUSD has been making an important advance to the downside and has reinforced that we’re at least into a major correction or possibly we’re seeing a resurrection of the bearish trend started from 2013. On the technical side, the first major support level only comes at 0.7280 followed by […]

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AUDUSD Weekly Forex Forecast – 14th to 18th Nov 2016

  Previous AUDUSD Weekly Forex Forecast The AUDUSD technical pattern is in the process of developing a major swing high after the strong rejection from above the 0.7770 resistance level. We also broke below the up-trendline that connects the lows from the beginning of the year, which suggest that the bullish cycle is over and […]

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AUDUSD Weekly Forex Forecast – 7th to 11th Nov 2016

The AUDUSD technical pattern looks stuck in a very narrow trading range between 0.7732 resistance level and 0.7500 big psychological number. Until we don’t have a clear breakout out of this range the likelihood is for further consolidation, but the risk still remains for a break to the downside. The middle of this trading range […]

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AUDUSD Weekly Forex Forecast – 31st Oct to 4th Nov 2016

The AUDUSD technical price pattern is stuck in a wide consolidation zone established since we hit 0.7760 back in August. The technical support of this range zone comes between 0.7430-07400 zones from where we can expect a bounce. More immediate and more important support is the big psychological number 0.7500. However, as long as we […]

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AUDUSD Weekly Forex Forecast – 24th to 28th Oct 2016

The AUDUSD price action looks stuck inside a wide consolidation area and the strong rejection from the 0.7735 swing high is very constructive for the bearish case. The stochastic indicator is in oversold conditions and we might see a rally early during the coming week and a retest of the 0.7660 resistance level before more […]

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AUDUSD Weekly Forex Forecast – 17th to 21st Oct 2016

The AUDUSD is in the process of developing a major rounded swing high. The price action is showing the market making lower highs accompanied by lower lows. Overall, we’re still in a big consolidation zone, but a break below the 0.7500 big psychological number will reinforce the bearish case. Last week rally looks corrective in […]

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AUDUSD Weekly Forex Forecast – 10th to 14th Oct 2016

The AUD/USD continues to trade in a wide range as neither the bulls nor the bears have full control of this market. On the technical side, Aussie is poised to retest the big psychological number 0.7500 and can go as low as 0.7440 before any real support to be found. If the AUD/USD will continue […]

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AUDUSD Weekly Forex Forecast – 3rd to 7th Oct 2016

The 200-day EMA and 0.7600 support level have limited the downside on AUD/USD however, we can spot a major divergence between the current price and the stochastic indicator which is indicating a reversal is about to happen. Since the Stochastic indicator is currently resetting we can expect another retest of the highs before another attempt […]

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AUDUSD Weekly Forex Forecast – 26th to 30th Sept 2016

  The AUD/USD has closed above the 200 EMA and the Stochastic indicator is also showing a built up in bullish momentum. The reaction higher from the 0.7500 big round number and the unwillingness to break below it suggest that the bulls are still in control of this market. Earlier in the week we should […]

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AUDUSD Weekly Forex Forecast – 19th to 23rd Sept 2016

  The weekly close below the big psychological figure 0.7500 reinforces the bearish case for the AUD/USD. The Aussie has started to make lower lows and lower highs which is the definition of a bearish trend and also trading below the 200 EMA makes the big picture looking very clear. The first level of support […]

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