AUDUSD Forecast July 8, 2014, Technical Analysis
The AUDUSD pair initially fell during the session on Monday, but found enough support below in order to turn things back around and form a hammer.
Aussie dollar
AUDUSD Forecast July 7, 2014, Technical Analysis
The AUDUSD pair rose slightly during the session on Friday, testing the 0.9350 level for support.
AUDUSD Channel Bounce? (July 2, 2014)
The rising channel on AUDUSD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel.
Aussie dollar moves cautiously higher following RBA statement
Like the GBP/USD, the Aussie dollar is another currency pair which is now starting to break out from a recent phase of price congestion, but for the AUD/USD, this period of sideways price action has been in place for considerably longer than Cable, with the pair having been range-bound between 0.9150 to the downside and 0.9370 to the upside for some time.
AUDUSD Forecast June 26, 2014, Technical Analysis
The AUDUSD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle.
AUDUSD Daily Analysis – June 16, 2014
AUDUSD remains in uptrend from 0.9229, the fall from 0.9437 is likely consolidation of the uptrend.
AUDUSD Simple Range Play (June 12, 2014)
AUDUSD is finding resistance at the top of its range, visible on the 4-hour forex time frame.
AUDUSD Forecast June 10, 2014, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, but found enough resistance to push the market back about half of the range.
AUDUSD Forecast June 9, 2014, Technical Analysis
The AUDUSD pair tried to rally during the session on Friday, but as you can see gave back almost all of the gains in order to form a shooting star.
AUDUSD Daily Analysis – June 2, 2014
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed,