FXA

AUDUSD Weekly Analysis - August 30, 2015

AUDUSD’s downward movement from 0.8162 extended to as low as 0.7037.

AUDUSD Forecast August 26, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.

AUDUSD Forecast August 26, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.

AUDUSD Forecast August 20, 2015, Technical Analysis

The AUDUSD pair initially broke higher during the course of the session on Wednesday, but found enough resistance near the 0.74 level to turn things back around.

AUDUSD Forecast August 19, 2015, Technical Analysis

The AUDUSD pair broke down a little bit during the session on Tuesday, but quite frankly we have a lot of noise below us.

AUDUSD Forecast August 13, 2015, Technical Analysis

The AUDUSD pair broke higher during the course of the session on Wednesday, bouncing off of extreme lows near the 0.7250 level.

AUDUSD Forecast August 12, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the session on Tuesday, but fell back down to break below the 0.73 handle.

AUDUSD Forecast August 11, 2015, Technical Analysis

The AUDUSD pair fell during the course of the session on Monday, but found enough support near the 0.7350 level to turn things back around and bounce.

AUDUSD Inverse Head and Shoulders Aug 10, 2015

AUDUSD could be in for a long-term reversal from the recent downtrend, as an inverse head and shoulders pattern can be seen on its 4-hour time frame. Price is on its way to test the neckline around the .7400 major psychological mark and the 200 SMA.

AUDUSD Forecast August 6, 2015, Technical Analysis

The AUDUSD pair went back and forth during the course of the day on Wednesday, essentially settling nothing.