"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 43 mins Kenya: The Blockchain Capital Of Africa
  • 2 hours Can Anyone Compete With Netflix?
  • 3 hours Can Europe Beat U.S. Sanctions on Iran?
  • 4 hours U.S.-China Trade War “On Hold”
  • 6 hours Experts vs Investors: Who Has It Right?
  • 8 hours The Wild World Of Celebrity Endorsed ICOs
  • 24 hours The Five Most Important Market Indicators
  • 2 days Ethereum Blockchain Tops Bitcoin's In Latest Study
  • 3 days Is Gold Only For Long-Term Investors?
  • 3 days Record Refinancing Points At Next Big Housing Bubble
  • 3 days Bitcoin Forks Explained
  • 3 days PayPal’s Latest Acquisition Has Competitors On Edge
  • 3 days The Royal Wedding Could Bring Billions Into The UK
  • 3 days Goldman’s Crypto Trading Desk Is Just The Beginning
  • 4 days The Five Most Important Blockchain Trends In 2018
  • 4 days Walmart’s E-Commerce Rebound Fails To Boost Stock Price
  • 4 days Japan Threatens U.S. With $400M In Tariffs
  • 4 days Are Markets Showing Signs of A Topping Pattern?
  • 4 days Goldman: Tesla May Need To Raise $10B By 2020
  • 4 days The ‘Wolf of Wall Street’ Is A Multi-Million-Dollar Deadbeat
PayPal’s Latest Acquisition Has Competitors On Edge

PayPal’s Latest Acquisition Has Competitors On Edge

PayPal’s latest acquisition allows the…

3 Tech Stocks With Real Upside

3 Tech Stocks With Real Upside

The stock market rally has…

Are Markets Showing Signs of A Topping Pattern?

Are Markets Showing Signs of A Topping Pattern?

The U.S. stock market indexes…

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

AUD/USD - Bouncing on The Rising Trendline

AUD/USD is bouncing on the rising trendline at 0.7957 (intraday low). Hourly resistance can be found at 0.8164 (14/05/2015 high) and hourly support can be found at 0.7876 (11/05/2015 low).

In the long-term, there is no sign to suggest the end of the current downtrend. Key supports stand at 0.7451 (18/05/2009 low) and 0.7000 (psychological threshold). A break of the key resistance at 0.8295 (15/01/2015 high) is needed to invalidate our long-term bearish view.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment