AUDUSD Forecast November 20, 2015, Technical Analysis
The AUDUSD pair rose slightly during the course of the day on Thursday, as we continue to see buying pressure underneath.
Aussie dollar
AUDUSD Descending Channel Nov 18, 2015
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological level and might be due for a move back to the bottom.
AUDUSD Forecast November 17, 2015, Technical Analysis
The AUDUSD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall.
EURUSD Forecast November 12, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Wednesday, but remains within the hammer that had formed on Tuesday.
AUDUSD Forecast November 12, 2015, Technical Analysis
The AUDUSD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level.
AUDUSD Forecast November 11, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Tuesday, but then turned back around to fall towards the 0.70 handle.
AUDUSD Forecast November 4, 2015, Technical Analysis
The AUDUSD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as if the market should continue to go higher at this point in time.
AUDUSD Forecast October 27, 2015, Technical Analysis
AUDUSD pair did nothing during the session on Monday that warranted any type of trading.
AUDUSD Forecast October 23, 2015, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, but found enough support near the 0.72 level to turn things back around.
AUDUSD Forecast October 21, 2015, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Tuesday, eventually closing with a fairly negative looking candle.