AUDUSD Forecast August 25, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move.
GLD
AUDUSD Forecast August 10, 2016, Technical Analysis
The AUDUSD pair fell initially during the course of the session on Tuesday, but turned back around to form a hammer as we press up against the massive resistance at the 0.7675 level.
AUDUSD Forecast August 5, 2016, Technical Analysis
The AUDUSD pair rose slightly during the day on Thursday, as we continue to see bullish pressure.
AUDUSD Forecast August 4, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle.
AUDUSD Forecast August 3, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle.
AUDUSD Forecast August 2, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star.
AUDUSD Forecast July, 25, 2016, Technical Analysis
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.
Gold Canaries Waiting to Sing
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading week, as the precious metal fell victim to a renewal of risk appetite as most global equity markets made fresh monthly highs, and the S&P and DOW soaring into new high ground.
AUD/USD Forecast July 11, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway.
AUDUSD Forecast June 23, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.