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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 Monthly Forex Forecast for Sept 2018

The Aussie continues to trade below the downward trendline that connects the lower highs starting from January’s high. Only a break above this important trendline can suggest a shift in the trend direction or at least can signal a correction. On the upside, the first area of interest is the resistance level 0.7345, but the […]

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AUDUSD Weekly Forex Forecast – 3rd to 7th Sept 2018

The AUDUSD is threatening to break to new lows after another awful week that saw Aussie unable to break above the key resistance level 0.7345. However, we also broke below the previous swing low 0.7200, which now suggests that the big bearish trend has still more room to advance to the downside. The stochastic indicator […]

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AUDUSD Weekly Forex Forecast – 27th to 31st August 2018

The AUDUSD has finished the week almost unchanged, but there is no clear direction as long as we trade inside the current price consolidation. On the upside, the first level of interest is the previous week high 0.7382. However, for a chance in trend we need more than just that, we also need a break […]

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AUDUSD Weekly Forex Forecast – 20th to 24th August 2018

The AUDUSD is finishing the week almost unchanged after we broke to new low hitting new lower grounds for 2018. Last week low 0.7201 is a very weak support level and there is a high risk that we might break below that level. The most important support level is 0.7150 from where the Aussie has […]

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AUDUSD Weekly Forex Forecast – 13th to 17th August 2018

The AUDUSD has reached new lows for 2018 after it broke below the previous swing low and reached 0.7281 before bouncing slightly higher. On the downside, the next significant level comes at the major swing low 0.7160 that was established on December 2016. On the upside, the first level of interest only comes at 0.7346. […]

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AUDUSD Weekly Forex Forecast – 6th to 10th August 2018

The AUDUSD is trading inside a very frustrating trading range. The current consolidation has been going on for 7 weeks and until we have a clear breakout we should expect more of the same. The best strategy is to wait and react to whichever way we get the breakout. If we break and post a […]

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AUDUSD Monthly Forex Forecast for August 2018

The Aussie remains trapped in a very narrow trading range between support level 0.7300 and the big psychological number 0.7500. As long as we trade between these two S/R levels we should expect more consolidation. However, with the summer trading conditions in full swing mode, we can’t rule out the possibility to see some false […]

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AUDUSD Weekly Forex Forecast – 30th July to 3rd August 2018

The AUDUSD is continuing to consolidate in a very narrow and frustrating trading range. Since there are no signs of any extreme oversold or overbought readings we should expect the market to produce false breakouts on both sides of the market. On the downside, we have our key support level 0.7346 followed by the swing […]

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AUDUSD Weekly Forex Forecast – 23rd to 27th July 2018

The Aussie has managed once again to bounce from the previous support level 0.7300. Right now it seems the AUDUSD has established a double bottom, which can signal a reversal. However, for the double bottom pattern to be confirmed we really need to break above the resistance level 0.7342. More importantly, a daily close above […]

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AUDUSD Weekly Forex Forecast – 16th to 20th July 2018

The Aussie is displaying more consolidation between 0.7346 support level and resistance level 0.7470. The line in the sand between the bulls and the bears is defined by the big psychological number 0.7500. A daily break and close above this level can open up the door for a retest of the next key level 0.7560. […]

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