AUDUSD Forecast August 7, 2014, Technical Analysis
The AUDUSD pair rose during the course of the day on Wednesday, breaking above the 0.9350 handle.
Aussie dollar
AUDUSD Forecast August 5, 2014, Technical Analysis
The AUDUSD pair initially fell during the day on Monday, but as you can see found enough support to turn things back around and form a hammer.
AUDUSD Daily Analysis – August 4, 2014
AUDUSD remains in downtrend from 0.9470, the rise from 0.9275 is likely consolidation of the downtrend.
AUDUSD Triangle Breakout (July 31, 2014)
AUDUSD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards.
AUDUSD Forecast July 30, 2014, Technical Analysis
The AUDUSD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday.
AUDUSD Forecast July 29, 2014, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer.
AUDUSD Ascending Triangle Setup (July 28, 2014)
AUDUSD has been making higher lows and finding resistance at the .9460 area, creating an ascending triangle on its 4-hour time frame.
AUDUSD Forecast July 25, 2014, Technical Analysis
The AUDUSD pair tried to break out to the upside during the session on Thursday, but as you can see failed out the 0.9450 area, and as a result we turned back around to form a shooting star.
AUDUSD Forecast July 24, 2014, Technical Analysis
The AUDUSD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday.
AUDUSD Forecast July 23, 2014, Technical Analysis
The AUDUSD pair tried to rally during the session on Tuesday, and in fact did.