AUDUSD Forecast June 11, 2015, Technical Analysis
The AUDUSD pair broke higher during the day on Wednesday, as we slammed into the 0.78 resistance barrier.
Australian
AUDUSD Forecast March 30, 2015, Technical Analysis
The AUDUSD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday.
AUDCAD Retracement Play – Feb 5, 2015
AUDCAD recently broke below a key support zone at the .9800 major psychological level and appears to be pulling up for a retest.
AUDUSD Forecast January 20, 2015, Technical Analysis
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
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.
AUDUSD Forecast December 23, 2014, Technical Analysis
The AUDUSD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in.
AUDUSD Forecast December 19, 2014, Technical Analysis
The AUDUSD pair as you can see initially went higher during the course of the session on Thursday,
Currency Futures Roundup Ahead of NFP
As the currency markets pause ahead of the monthly Non Farm Payroll release due later, I thought it would be a good time to revisit the weekly futures charts for some of the major currency pairs, and to step back a little, following a week of significant news items around the world. This helps to contextualize the NFP data, which whilst important, is simply another release in the economic calendar.
Aussie Dollar Under Fire From All Sides!
As we come to the end of another trading week, for the Australian dollar it has been another characterized by negative sentiment with the AUD/USD likely to close with a wide spread down candle, with the bearish tone picking up momentum once again. The move lower for the pair is of no great surprise given the clear and unequivocal messages that have been emanating recently from the RBA, during the
AUDUSD Reversal Pattern – Nov 24, 201
A short-term rally might take place for AUDUSD, as the pair formed a double bottom pattern on its 4-hour time frame.