AUDUSD Forecast April 20, 2016, Technical Analysis
The AUDUSD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market.
Australian
AUDUSD Forecast April 19, 2016, Technical Analysis
The AUDUSD pair initially tried to fall during the course of the session on Monday, gapping lower in order to collect more buyers underneath and
AUDUSD Forecast April 15, 2016, Technical Analysis
The AUDUSD pair rose during the course of the day on Thursday, as we continue to try to grind higher.
AUD/USD Forecast April 7, 2016, Technical Analysis
The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.
Australia To Bring ‘Largest Ever Trade Mission’ To China
Representatives from more than 1,000 Australian businesses will be part of Australia’s “largest ever trade mission” to China this month, following the signing of the China-Australia Free Trade Agreement (ChAFTA).
AUD/USD Forecast March 30, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Tuesday, testing the 0.75 level for support. We believe that the support extends all the way down to the 0.74 level, and with that being the case it’s very difficult to imagine a scenario in which this pair should be sold, leased as long as we stay above the 0.74 level.
AUD/USD Forecast March 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
AUD/USD Forecast March 18, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day on Wednesday, as the Federal Reserve has stepped away from interest-rate hikes, at least as far as the number of them in the year 2016 is concerned.
AUDUSD Forecast March 10, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Wednesday, breaking above the past couple of shooting stars. Not only that, we have broken above the 0.75 handle, which of course has a certain amount of psychological significance as far as resistance is concerned.
AUDUSD Forecast March 3, 2016, Technical Analysis
The AUDUSD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive.