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.
Australian
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 August 12, 2014, Technical Analysis
The AUDUSD pair fell during the course of the day on Monday, but not significantly so.
A Double Wammy for the Aussie dollar
Yesterday’s attempt by the Aussie dollar to break out from the current congestion with a move higher, was promptly snuffed out today, as poor employment data shocked the markets, sending the currency lower against the US dollar.
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.
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 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.
AUDUSD Forecast July 15, 2014, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range.