AUDUSD Forecast April 27, 2016, Technical Analysis
The AUDUSD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains.
Gold
AUDUSD Forecast April 21, 2016, Technical Analysis
The AUDUSD pair rose during the day on Wednesday, but struggled as we broke above the top of the shooting star from Tuesday.
AUDUSD Forecast April 20, 2016, Technical Analysis
The AUDUSD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market.
AUD/USD Forecast April 7, 2016, Technical Analysis
The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.
AUD/USD Forecast March 30, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Tuesday, testing the 0.75 level for support. We believe that the support extends all the way down to the 0.74 level, and with that being the case it’s very difficult to imagine a scenario in which this pair should be sold, leased as long as we stay above the 0.74 level.
AUD/USD Forecast March 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
AUD/USD Forecast March 18, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day on Wednesday, as the Federal Reserve has stepped away from interest-rate hikes, at least as far as the number of them in the year 2016 is concerned.
AUD/USD Forecast March 17, 2016, Technical Analysis
The AUDUSD pair went back and forth on Wednesday, as we continue to see quite a bit of interest between the 0.74 level on the bottom, and the 0.75 level on the top.
Gold Finally Breaks Away From Volatility Candle
Gold prices finished last week in bullish mood once again following the extended period of price congestion which has seen the precious metal trade within the range of the wide spread volatility up candle of the 11th February.
AUDUSD Forecast March 3, 2016, Technical Analysis
The AUDUSD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive.