AUDUSD Forecast March 1, 2016, Technical Analysis
The AUDUSD pair bounced at the open on Monday, but quite frankly with the massively negative candle that we had formed on Friday, we are still very bearish of this market.
Australian
AUDUSD Forecast February 18, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Wednesday, but still remains below the 0.72 level, an area that we see as the “ceiling” in this market.
AUDUSD Forecast February 17, 2016, Technical Analysis
The AUDUSD pair initially tried to rally but turned back around to fall significantly during the day.
AUDUSD Forecast February 16, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to show a bit of a shooting star.
AUDUSD Retracement Levels Jan 25, 2016
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction.
AUDUSD Forecast January 21, 2016, Technical Analysis
The AUDUSD pair fell during the day on Wednesday, but bounced off of the lows again, and therefore ended up forming a hammer.
AUDUSD Forecast January 19, 2016, Technical Analysis
The AUDUSD pair fell during the day on Monday, as we continue to show signs of weakness in the Australian dollar.
AUDUSD Forecast January 11, 2016, Technical Analysis
The AUDUSD pair fell significantly during the course of the day on Friday, breaking below the bottom of the hammer from the Thursday session.
AUDUSD Forecast January 5, 2016, Technical Analysis
The AUDUSD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in.
AUDUSD Forecast December 22, 2015, Technical Analysis
The AUDUSD pair broke higher during the course of the day on Monday, but only and a fairly lackluster manner.