FXA

Sunday Key Economic Data

Today’s Key Economic Data

AUDUSD Forecast December 17, 2015, Technical Analysis

The AUDUSD pair initially fell during the day on Wednesday, and then bounced off of the 0.72 handle.

AUDUSD Forecast December 16, 2015, Technical Analysis

The AUDUSD pair fell significantly during the session on Tuesday, as we continue to chop around in this market.

AUDUSD Forecast December 15, 2015, Technical Analysis

The AUDUSD pair broke higher during the day on Monday, clearing the top of the hammer that informed on the previous candle.

AUDUSD Forecast December 10, 2015, Technical Analysis

The AUDUSD pair went back and forth during the day on Wednesday, but pierced below the bottom of the hammer from Tuesday which of course is a fairly negative sign.

AUDUSD Forecast December 9, 2015 Technical Analysis

The AUDUSD pair fell during the day on Tuesday, but found enough support below to turn things around and form a candle that looks suspiciously like a hammer.

AUDUSD Forecast December 8, 2015, Technical Analysis

The AUDUSD pair fell during the day on Monday, finally making a decision after forming several indecisive candles in a row.

AUDUSD Forecast December 7, 2015 Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Friday, testing the 0.74 level.

AUDUSD Forecast December 4, 2015, Technical Analysis

The AUDUSD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar.

AUDUSD Ascending Trend Line Dec 3, 2015

AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of a pullback.