AUDUSD Forecast December 19, 2014, Technical Analysis
The AUDUSD pair as you can see initially went higher during the course of the session on Thursday,
FXA
AUDUSD Forecast December 17, 2014, Technical Analysis
The AUDUSD pair originally broke higher during the session on Tuesday, but as you can see the sellers step back in and started pushing the market down at the 0.8250 level.
AUDUSD Daily Analysis – December 15, 2014
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795.
AUDUSD Forecast December 9, 2014, Technical Analysis
The AUDUSD pair bounced during the session on Monday, but quite frankly we feel that any bounce at this point in time is just simply going to be an invitation to start selling again.
AUDUSD Daily Analysis – December 8, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8293.
AUDUSD Forecast December 5, 2014, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle.
AUDUSD Forecast December 2, 2014, Technical Analysis
The AUDUSD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap.
AUDUSD Daily Analysis – December 1, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416.
Aussie Dollar Under Fire From All Sides!
As we come to the end of another trading week, for the Australian dollar it has been another characterized by negative sentiment with the AUD/USD likely to close with a wide spread down candle, with the bearish tone picking up momentum once again. The move lower for the pair is of no great surprise given the clear and unequivocal messages that have been emanating recently from the RBA, during the
AUDUSD Forecast November 26, 2014, Technical Analysis
The AUDUSD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle.