FXA

Aussie Dollar Bounces Back On RBA Rhetoric

t only took a shift in rhetoric from RBA Gov Glen Stevens to upset the Aussie dollar bears whose best laid plans went sent completely awry.

AUDUSD Forecast August 4, 2015, Technical Analysis

During the session today, we will be hearing from the Reserve Bank of Australia.

AUDUSD Forecast July 29, 2015, Technical Analysis

The AUDUSD pair broke higher during the course of the day on Tuesday, but still has plenty of noise just above, not to mention the fact that we have a ceiling at the 0.75 level at the moment.

AUDUSD Forecast July 28, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the day on Monday, but turned back around somewhere near the 0.7350 handle.

AUDUSD Forecast July 27, 2015, Technical Analysis

The AUDUSD pair fell slightly during the session on Friday, but as you can see bounced a bit in order to form a hammer like candle.

AUDUSD Forecast July 24, 2015, Technical Analysis

The AUDUSD pair tried to rally during the course of the session on Thursday, but we pullback in order to find a shooting star for the daily candle.

AUDUSD Forecast July 23, 2015, Technical Analysis

The AUDUSD pair fell during the day on Wednesday, testing the 0.7350 level again.

AUDUSD Forecast July 22, 2015, Technical Analysis

The AUD/USD pair broke higher during the course of the session on Tuesday, testing higher levels as we reach towards the 0.75 level.

AUDUSD Forecast July 16, 2015, Technical Analysis

The AUDUSD pair fell during the course of the session on Wednesday, breaking to a fresh, new low.

AUDUSD Forecast July 14, 2015, Technical Analysis

The AUDUSD pair went back and forth during the day on Monday, as we continue to bounce around the 0.74 level.