GCM Asia – AUDUSD

AUDUSD, H4: AUDUSD was traded lower following a prior breakout below the previous support level at 0.6685. MACD which illustrated increasing bearish momentum suggests the pair to extend its losses toward the support level at 0.6600.   Resistance level: 0.6775,...

AUDUSD, Daily: AUDUSD was traded higher following prior breakout above the previous resistance level. However, MACD which illustrated decreasing bullish momentum suggest the pair to be traded lower as technical correction.   Resistance level: 0.6775, 0.6910...

AUDUSD, H4: AUDUSD was traded higher following prior breakout above the previous resistance level at 0.6685. MACD which illustrated decreasing bearish momentum suggests the pair to extend its gains toward the resistance level at 0.6775.   Resistance level:...

AUDUSD, Daily: AUDUSD was traded higher following prior breakout above the previous resistance level. However, MACD which illustrated decreasing bullish momentum suggest the pair to be traded lower as technical correction.   Resistance level: 0.6775, 0.6910...

AUDUSD, H4: AUDUSD was traded higher while currently testing the resistance level at 0.6685. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains if successfully break above the resistance level.   Resistance level: 0.6685,...

AUDUSD, Daily: AUDUSD was traded lower while currently testing the support level at 0.6675. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses after it successfully breakout below the support level at 0.6675.   Resistance...

AUDUSD, H4: AUDUSD was traded lower while currently testing for the support level at 0.6685. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses after it successfully break below the support level.   Resistance level:...

AUDUSD, Daily: AUDUSD was traded higher following the prior breakout above the previous resistance level at 0.6675. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.6785.   Resistance level:...

AUDUSD, H4: AUDUSD was traded lower following the prior retracement from the higher level. However, MACD which illustrated bullish momentum suggests the pair to undergo technical correction in short term.   Resistance level: 0.6775, 0.6870 Support level: 0.6685,...

AUDUSD, Daily: AUDUSD was traded higher following the prior breakout above the previous resistance level at 0.6675. MACD which illustrated bullish bias momentum suggest the pair to extend its gains toward the resistance level at 0.6785.   Resistance level:...