FXA

AUDUSD Forecast September 2, 2016, Technical Analysis

The AUDUSD pair rose slightly during the course of the day on Thursday, breaking above the top of the candle from the Wednesday session.

AUDUSD Daily Analysis - August 31, 2016

AUDUSD continued its downward movement from 0.7755, and the fall extended to as low as 0.7500.

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.

AUDUSD Forecast August 24, 2016, Technical Analysis

The AUDUSD pair initially tried to rally but we turn right back around to form a shooting star.

AUDUSD Forecast August 23, 2016, Technical Analysis

The AUDUSD pair went back and forth during the course of the session on Monday, but eventually ended up forming a positive candle.

DAX - Could Stocks Rebound Soon?

This week saw data from the UK surprise positively and the severally-oversold pound bounced back sharply, while the dollar fell across the board as the Fed watered down rate hike expectations in the minutes of the FOMC’s last meeting and after some weakness in US data was observed, causing the EUR/USD to climb to its best level since 24 June.

AUDUSD Forecast August 15, 2016, Technical Analysis

The Australian dollar initially tried to rally during the Friday session but back and sold off rather significantly.

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.