AUDUSD Forecast February 9, 2015, Technical Analysis
The AUDUSD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star.
The AUDUSD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star.
The EURUSD pair fell during the course of the day on Wednesday as the market continues to look soft for the Euro in general.
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
The AUDUSD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see.
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.
The AUDUSD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in.
The AUDUSD pair as you can see initially went higher during the course of the session on Thursday,
The AUDUSD pair originally broke higher during the session on Tuesday, but as you can see the sellers step back in and started pushing the market down at the 0.8250 level.
The AUDUSD pair bounced during the session on Monday, but quite frankly we feel that any bounce at this point in time is just simply going to be an invitation to start selling again.
The AUDUSD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle.