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.
The AUDUSD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star.
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend.
The AUDUSD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in.
AUDUSD remains in downtrend from 0.8794.
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.
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795.
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’s downward movement from 0.8795 extended to as low as 0.8293.
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.