AUDUSD Forecast May 16, 2017, Technical Analysis
The Australian dollar has rallied during the session on Monday, breaking above the 0.74 level. We found a bit of resistance at the 0.7450 level, and then dropped.
Australian
AUDUSD Forecast May 12, 2017, Technical Analysis
The Australian dollar had an interesting session, initially falling, perhaps in sympathy to the moves in the New Zealand dollar.
AUDUSD Forecast May 10, 2017, Technical Analysis
The AUDUSD pair fell during the day on Tuesday, as the 0.74 level continues to offer resistance.
AUDUSD Forecast May 5, 2017, Technical Analysis
The Australian dollar fell a bit during the day on Thursday, as we continue to see weakness in the commodity markets. Gold markets fell apart, and that of course is a very negative when it comes to the Australian dollar.
AUDUSD Forecast April 26, 2017, Technical Analysis
Commodity currencies got beat severely during the session on Tuesday and of course the Australian dollar was no different.
AUDUSD Forecast April 10, 2017, Technical Analysis
The Australian dollar fell hard during the session on Friday, crashing into the 0.75 handle.
AUDUSD finally dips towards 0.75 ahead of RBA, NFP
The Australian dollar is going to be in focus next week. Retail sales will be released on Monday while the Reserve Bank of Australia will be making a decision on interest rates a day later on Tuesday.
AUDUSD Forecast January 17, 2017, Technical Analysis
The AUDUSD pair had a volatile session on Monday, reaching towards the 0.75 level above.
AUDUSD Forecast December 5, 2016, Technical Analysis
The AUDUSD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so now it looks very choppy to say the least.
AUDUSD Forecast November 22, 2016, Technical Analysis
The Australian dollar rally during the day on Monday, as we continue to see a bit of a bounce later in the session.