AUDUSD Daily Analysis – April 24, 2014
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461.
AUD/USD
AUDUSD Daily Analysis – April 23, 2014
AUDUSD continued its downward movement from 0.9461, and the fall extended to as low as 0.9295.
AUDUSD Daily Analysis – April 21, 2014
AUDUSD’s downward movement from 0.9461 extended to as low as 0.9314.
AUDUSD Daily Analysis – April 14, 2014
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.8924, the fall from 0.9461 is likely consolidation of the uptrend.
AUDUSD Trend Continuation Setup (April 11, 2014)
AUDUSD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today.
Bullish Momentum for the AUDUSD Continues
The Aussie dollar (AUSUSD) continued to build on the bullish momentum of the last few weeks, with the June futures contract closing the session with a wide spread up candle on the daily chart, surging through the 0.9300 region on good volumes.
AUDUSD Daily Analysis – April 8, 2014
After touching 0.9303 resistance, AUDUSD pulled back from 0.9306, suggesting that lengthier sideways movement is underway.
AUDUSD Daily Analysis – April 7, 2014
AUDUSD broke above 0.9303 resistance, suggesting that the uptrend from 0.8924 has resumed.
AUDUSD Daily Analysis – April 1, 2014
AUDUSD remains in uptrend from 0.8995, the fall from 0.9294 could be treated as consolidation of the uptrend.
AUDUSD Daily Analysis – March 31, 2014
AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9294.