AUDUSD Forecast July 28, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Monday, but turned back around somewhere near the 0.7350 handle.
The AUDUSD pair initially tried to rally during the course of the day on Monday, but turned back around somewhere near the 0.7350 handle.
The AUDUSD pair went back and forth during the course of the day on Thursday, as the 0.75 level offered resistance.
The AUDUSD pair initially tried to rally during the course of the day on Monday, but found enough resistance above the 0.75 level to turn things back around and form a shooting star.
The AUDUSD pair fell during the course of the session on Wednesday, as we crashed towards the 0.7650 level.
The AUDUSD pair rose during the course of the day on Monday, continuing the bounce that we have seen off of the 0.76 handle.
The AUDUSD pair fell during the course of the day on writing, but remains well within the consolidation area that we have been stuck in for some time.
EURAUD formed a double top pattern on its 4-hour chart recently, signaling that price is exhausted from its climb. The pair just broke below the neckline of the chart formation, confirming that a reversal is bound to take place.
The AUDUSD pair fell during the course of the session on Monday, testing the 0.77 level.
China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia.
The AUDUSD pair initially fell during the course of the session on Thursday, but bounced enough in order to form a bit of a hammer.