AUDUSD Forecast September 26, 2014, Technical Analysis
The AUDUSD pair fell during the course of the day on Thursday, breaking below the 0.88 support level.
Aussie dollar
AUDUSD Daily Analysis – September 25, 2014
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9401, the rise from 0.8831 is likely consolidation of the downtrend.
AUDUSD Daily Analysis – September 24, 2014
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831.
AUDUSD Forecast September 19, 2014, Technical Analysis
The AUDUSD pair fell initially during the day on Thursday, but you can see found enough support below to turn things back around and form a hammer.
AUDUSD Daily Analysis – September 18, 2014
AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938.
AUDUSD Forecast September 17, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Tuesday, but found the 0.90 level to be supportive enough to bounce significantly.
AUDUSD Forecast September 16, 2014, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Monday, showing the 0.90 level to be supportive though, which of course is very important as far as we can see.
AUDUSD Collapses Under the Domino Effect
There was no hiding place for the Australian dollar last week, which came under relentless and remorseless pressure, with the December futures contract closing with yet another wide spread down candle on Friday, and further confirming the bearish picture for the Aussie dollar.
AUDUSD Forecast September 12, 2014, Technical Analysis
The AUDUSD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher.
AUDUSD Forecast September 11, 2014, Technical Analysis
The AUDUSD pair fell during most of the session on Wednesday, but bounce significantly off of the 0.91 handle, as we formed a massive hammer.