Technical Analysis

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.

EURUSD Forecast February 5, 2015, Technical Analysis

The EURUSD pair fell during the course of the day on Wednesday as the market continues to look soft for the Euro in general.

AUDUSD Forecast January 20, 2015, Technical Analysis

The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.

AUDUSD Forecast January 15, 2015, Technical Analysis

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.

AUDUSD Forecast December 30, 2014, Technical Analysis

The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.

AUDUSD Forecast December 23, 2014, Technical Analysis

The AUDUSD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in.

AUDUSD Forecast December 19, 2014, Technical Analysis

The AUDUSD pair as you can see initially went higher during the course of the session on Thursday,

AUDUSD Forecast December 17, 2014, Technical Analysis

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.

AUDUSD Forecast December 9, 2014, Technical Analysis

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.

AUDUSD Forecast December 5, 2014, Technical Analysis

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.