AUDUSD Forecast October 15, 2014, Technical Analysis
The AUDUSD pair fell hard during the course of the day on Tuesday, showing the 0.88 level as been resistance.
Aussie dollar
Currency Futures Round Up After a Quiet Start
With many of the major trading centres closed yesterday for public holidays, and with little in the way of meaningful fundamental news to drive price action, trading volumes in currency futures remained thin, with the Aussie dollar, the British Pound, the Canadian dollar and the Euro, all consolidating further following the volatile price action of last week.
AUDUSD Reversal Chart Formation – Oct 14, 2014
AUDUSD appears to be forming a reversal chart pattern on its 4-hour time frame, indicating that the downtrend is already over.
AUDUSD Daily Analysis – October 8, 2014
AUDUSD broke above 0.8826 resistance, indicating that the downtrend from 0.9401 had completed at 0.8642 already.
AUDUSD Daily Analysis – October 7, 2014
AUDUSD moved sideways in a trading range between 0.8642 and 0.8826.
AUDUSD Forecast October 3, 2014, Technical Analysis
The AUDUSD pair fell during the session initially on Thursday, but found enough support to turn things back around and form a hammer.
AUDUSD Daily Analysis – October 2, 2014
AUDUSD broke above the resistance of the downward trend line on 4-hour chart, indicating that the downtrend from 0.9401 had completed
AUDUSD Forecast October 1, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a hammer.
AUD/USD Forecast September 30, 2014, Technical Analysis
The AUDUSD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a potential selling opportunity.
AUDUSD Daily Analysis – September 29, 2014
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8692.