Daily Forex Chart Art - Mar. 31, 2015


AUD/USD: 4-hour

AUD/USD: 4-hour


Think the Aussie selloff is over? If you do, then this setup is for you! AUD/USD just hit support at .7650, which coincides with a rising trend line support on the 4-hour chart. Not only that, but there’s also a bullish divergence lining up to support the bulls. A stop just below the trend line is a good idea if you’re buying the pair, but watch out in case this week’s selloff still has momentum!

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD fluctuates in daily range above 1.0600

EUR/USD fluctuates in daily range above 1.0600

EUR/USD struggles to gather directional momentum and continues to fluctuate above 1.0600 on Tuesday. The modest improvement seen in risk mood limits the US Dollar's gains as investors await Fed Chairman Jerome Powell's speech.

EUR/USD News

GBP/USD stabilizes near 1.2450 ahead of Powell speech

GBP/USD stabilizes near 1.2450 ahead of Powell speech

GBP/USD holds steady at around 1.2450 after recovering from the multi-month low it touched near 1.2400 in the European morning. The USD struggles to gather strength after disappointing housing data. Market focus shifts to Fed Chairman Powell's appearance.

GBP/USD News

Gold retreats to $2,370 as US yields push higher

Gold retreats to $2,370 as US yields push higher

Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.

Gold News

XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference

XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference

XRP is struggling with resistance at $0.50 as Ripple and the US Securities and Exchange Commission (SEC) are gearing up for the final pretrial conference on Tuesday at a New York court. 

Read more

US outperformance continues

US outperformance continues

The economic divergence between the US and the rest of the world has become increasingly pronounced. The latest US inflation prints highlight that underlying inflation pressures seemingly remain stickier than in most other parts of the world.

Read more

Majors

Cryptocurrencies

Signatures